Thursday, May 24, 2007


I warned you yesterday that this blog being launched after such a strong rally was a contrary indicator and today we get the strongest selloff since February. I hope you locked in some of the quick gains in AMSC and MVIS, that's just common sense. I do not think those stocks are done going higher, it is just being defensive and as I always hear Brian at ALPHATRENDS say "defense wins this game".