tag:blogger.com,1999:blog-2335748440449035592.post1592091413057421314..comments2008-07-07T23:37:37.648-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-84802177030308543582008-07-07T23:37:00.000-04:002008-07-07T23:37:00.000-04:00Mark,<BR/><BR/>I didn't get a chance to read the full post until now... I see that the Ohio ruling hasn't caused them to close shop yet... I wonder what happens going forward.<BR/><BR/>Until proven otherwise I think this company and the like remain solid investments... on pullbacks that is...<BR/><BR/><BR/>at 36 CSH is still well below its high... waiting for a pullback is a good idea but I don't know that the opportunity was "missed".rosesryellow2http://www.blogger.com/profile/12471278009523940698noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-10555650078431916422008-07-07T22:45:00.000-04:002008-07-07T22:45:00.000-04:00Mark,<BR/><BR/>It looks like we are starting to see some panic in the markets. It's about time. The capitulation moment hasn't arrived yet but what was once a bear market bounce (the oversold market bounced this morning I saw) turned simply pathetic at the end of the day. <BR/><BR/>When the fear gets intense enough nothing will be safe and I agree that the names that still have profit in them will be axed the most. <BR/><BR/>I missed the SKF play (I could kick myself for that) but if I had learned my TA by May (reading lots and lots to shore up my skills) I would have seen the clear evening star formation on UYG in early May followed by the decline. I always knew the fundamentals were poor but an SKF play from March to May would have been tough... Now I'm looking cautiously for the next shoes to drop. I like DUG as well. Ironically, if oil goes up the whole market may go down and oil stocks along with it despite the oil price. SMN has been on my radar, I like your technology REW idea. The financials have been oversold for a long time now but they just won't bounce so maybe a small SKF position... but I'm nervous on that one. <BR/><BR/>Regarding CSH:<BR/>I've been watching that as well. The reason I stayed away was the lawsuit in (I believe it was Ohio... somewhere in the middle there ;))that prevents pawn shops from charging exhorbant interest rates. CSH is closing down operation there... the concern is that other states will follow... <BR/><BR/>I wanted to bring up one other play and see what your thoughts are on this. Natty gas stocks may get hit but what about natural gas futures? <BR/>I just discovered UNG the other day and it has been in a beautiful uptrend. Take a look at stockcharts<BR/><BR/>I am just doing more investigation into the long term bull market in natural gas... and I know you have discussed it several times here...<BR/><BR/>Best ,<BR/>Jonrosesryellow2http://www.blogger.com/profile/12471278009523940698noreply@blogger.com