Registered: Jun 2011
07-21-12 06:45 PM
Quote from Chuck E. Cheese:
22% haircut on Friday 7/20 due to lower guidance for growth. I believe this is the death touch for the bulls.
This is precisely why I call pre-earnings a gamble. Before the report it was anyone's game, now it is more than clear where it is heading next.
All rallies should be shorted imo so I concur with the Death Touch
High growth stocks are beautiful to ride, until the growth slows down, then they are punished to no end.