Friday, February 29, 2008

TRID and General Comments

As part of the ongoing clean out of the prior management team, the TRID President is gone. This is a good thing and a great buy opportunity.

With FWLT and IMA I waited because I thought the rush to sell would be followed by something of either a dead-cat bounce or a return.

Meanwhile, today's weakness should come as no surprise, although I do wonder about the softness of oil service stocks when oil is $100+ a barrel.

Remember: this week was a false rally. Sell into weakness. I am spending all day Saturday getting together my list of puts and making changes.

1 Comments:

Anonymous Anonymous said...

what about TIE.. down a lot today...

12:57 PM  

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