Monday, August 20, 2007


Everything has settled down for a moment but as you can see, indexes are still trending down and that's the path of least resistance -- and $2 trillion ARM resets coming down the line will cap any rallies.

Good time to trade between fear and hope. Just remember -- there's a lot more to fear than hope for these days.

CROX is up around 55 -- I keep thinking about shorting that thang but it's become the new go to stock these days... and I must admit, those shoes are a phenomenon.

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