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How Quickly We Forget, The S&P 500 is heading to 500 – 575!

I entitled this forecast “How Quickly We Forget” for a reason. It’s been amazing watching the talking heads on CNBC, and the poor “public” who thought the 20% rally was a return to the good times. So sad, so sad indeed. So sad that hope causes people’s memories to fade so quickly.

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Virtual Stock Portfolio alert – Long LMDIA

Added 250 shares of LMDIA at 20.38 Target – 23 to 27 stop – 18.43

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Watch list for 3-27

Netflix (NFLX) short below 40.40 Lincoln Educational (LINC) short below 17 Shanda Interactive (SNDA) long above 39.15

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Virtual Portfolio Update – Added 500 shares of FL above 10.33

FL showing very good strength here, a break above 10.8 will signal we’re off to the races. Setting a stop a few ticks below yesterdays close at 9.48

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