Friday, February 13, 2009

Getting Short Darden Restaurants - DRI

The time has come to get short Darden, ticker DRI, yet once again. I am getting short 1 unit of DRI here at $29.05 with a stop at $30.56. Don't want to hear it? Okay, forget the chart for a moment and tell me how restaurant stocks as a sector fourish in what could be the worst recession most alive will witness? I am open to suggestions.


Good speculating to you all and never forget that "an investor is a speculator who made a mistake and will not admit it".

Open Positions:
Long 2 units Ultrashort MSCI EAFE ticker EFU @ $89.80 stop at $89.80
Long 2 units Ultrashort S&P500 ticker SDS @ $69.80 stop @ $66.15
Long 2 units Ultrashort Real Estate ticker SRS @ $53.80 stop @ $47.18
Long 1 unit US Gasoline fund ticker UGA $21.85 stop @ $20.38
Short 1 unit Wells Fargo ticker WFC @ $20.20 stop @ $20.20
Short 1 unit Apple ticker AAPL @ $102.05 stop at $103.36
Short 1 unit Apollo Group ticker APOL @ $82.95 stop @ $86.32
Short 1 unit Goldman Sachs ticker GS @ 96.95 stop @ $101.61
Short 1 unit Microsoft ticker MSFT @ $19.20 stop @ $20.71
Short 1 unit Darden ticker DRI @ $28.95 stop @ $30.56


No comments: