Apr. 5 at 6:31 PM
$CLS chart does not look good. Celestica looks like a textbook head and shoulders top. Hoping for the market to rally so I can get some of my money back. I'd rather be safe than ride anything down when a bear market is just starting to growl. I think it's a great company to own shares of long-term. But it follows the market trend which is down. I bought it thinking it was going to rally off of the 200-day moving average. And as you can see it sliced right through Thursday and followed through on Friday. So I'm hoping for a dead cat bounce Monday and then I'm going to look for something to short or just stay on the sidelines and wait for this market to turn around. Might be a long wait.( historically speaking the biggest winners of the last bull market are the best stocks to Short and a bear market.)
$CEIN $CSCO $YHOO $NTAP $EMC 2000 to 2001 look at those historic charts. History constantly repeats itself.