Posted by: wheel April 28, 2009
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Inpeace,
Short position does seem attractive, but I am one of those people who agree with SEC to ban the short selling during time like this. Here is another HOT stock that did really well.
Y - Alleghany Corp.
Yesterday Alleghany Corp was trading around $220 level today it jumped to $245. But, you are right I don't have the stomach to go long on this stock on today's price. But, going long on pullback seems reasonable.
I have also put all You Tube videos on continus play on broadcast channel.