Two Sensational Successes

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We’ve all heard about “the one that got away”; well here are two. I used to talk about these two ideas so frequently that I got embarrassed about it. The rationale for both was the same: an analog. My view was that each of these stocks would ape their behavior between 2006 and 2009. In both cases, this has come sensationally true, and even I am amazed. I confess I didn’t actually partake in these beauties, but I hope a few of you did.

slopechart PIR
Pier One
slopechart CBL
CBL and Associates

As for right now……………we wait. I don’t think I’ve ever been so delighted to see a hefty rally, and I hope there’s plenty more of them to come.