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1 pt

3 Casino Stocks - I Guess Gas Went up 2 Cents the Past Few Days?

 Aug 19, 2008 02:02 PM UTC
Tradermark
Return Risk
-12.84% LOW
Analyst
Symbol Sentiment Start Return Closed
HOG n/a
RL n/a
WYNN n/a
COH n/a
MGM n/a
LVS n/a

Graphic_arrow1 Via Fund my Mutual Fund:  

Gas is down 40 cents, the US consumer is back! Pile in! Pile in!

Not so much.... as I keep saying each time these consumer discretionary stocks [Stuff I've Been Negative on Since Last Fall] jump on Kool Aid recovery talk - they just create yet another opportunity to short - the danger is timing. 3 casino stocks rolling right back over. Again we cannot short individual stocks in the current situation but this is simply the easiest way to make money the past year - let the "junk" to their oversold rallies and then get short. We're losing a lot of return by not being able to do this.

I don't see gas prices jumping up the past few sessions, so I wonder why this is when the theory was how great everything would be as gas prices fell? Ah yes - reality. Just 8 days ago these stocks were ramping up 12-14% [Aug 11: The "Turn" Appears to be Here]

Some amazing action out ...




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ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 22.30 +48.71% 175
2 20.02 +46.30% 57
3 17.43 +18.91% 7
4 16.71 +44.07% 211
5 14.41 +14.95% 7


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