Quote:
Originally posted by EscortBiz
a few of us shorted GE at 32 we got out today
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nice job on that pick. Thats a gutsy move... I don't like shorting any non-technology stocks right now. Obviously evereyone is hurting right now, but I try and short where the hurt is the most.
There was a guy on ragingbull, about 2 years ago, and he seemed like he knew what he was talking about with alot of his picks...2 years ago he posted that the bottom on nasdaq would be 850 based on some wacky charting. I never forgot his prediction, because at the time, it was unthinkable....
But now, Im thinking this guy may have just called it...It would be so freaky if it actually happens, but its very doable at this point.