Wednesday, January 17, 2007

(RACK) - another falling knife

Very tempting, very, but...
Don't you hate when someone says "but"?

I see a lot of distribution among other stocks lately, they move up, but looks like money are flowing out. Now ask yourself - if (RACK) for you is not a day trade - would you want to "bargain hunt" now? I would not. What an ugly day for (RACK) The only indication of what was coming was dipping CVAD indicator, otherwise - too much pump was going on for high multiple stocks.
We'll live we'll see...