Bellunder
@teksavvy.com
| reply to Tim
Re: Stock
The Dow has to correct to 10,000 or below. Hedge funds have been trying all along to prop up the Dow the same way the hedge funds tried to sell gold short at the 690 level. This is an exercise in futility and the dow will fall just as gold rose well above the 690 area. It's no secret Comcast is one of the most shorted stocks and the short sellers have gotten rich already on this one. The direction of Comcast's stock is still sharply lower as well as the direction of the Dow and the NASDAQ. |
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Tim
Premium
join:2006-06-19 | Actually, Comcast is one the 5 biggest stocks decreasing in short interest. That means investors think it's bottomed and is going to go up. |
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