Just to be crystal clear – – as I've been saying for months, I expect the turn down to happen in September. And, not to put too fine a point on it, I plan to get rich off of it. In the meantime, I'll try to be nimble and swing both directions (being in the Bay Area, and all).
In spite of having had my best success with my crummy long positions, I am, in a different account, going short these symbols with these stops:
ADBE 28.01
CCJ 26.06
DE 46.41
DPZ 10.08
EAC 32.12
EFX 29.76
ESRX 66.58
FRT 58.41
GEF 46.78
GMT 32.80
IBM 109.75
ICON 16.21
JPM 35.22
MTN 30.90
NNN 19.08
PAG 15.51
PLL 28.52
PNC 44.26
PX 78.69
RIMM 77.76
SOHU 64.84
TRLG 18.28
UNP 54.30
UTX 55.05
WDC 26.12
WOOF 26.56
As an aside, I stayed up very, very late last night going through the huge number of responses to my survey that shall not be named, and I want to say thank you so much for the very kind words and expressions of gratitude. It means a tremendous amount to me.
