Riding The Gravy Train: covering CBRL +19%

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Monday, October 06, 2008

covering CBRL +19%

From this blog, last Thursday : "How low can we go? Much lower, and so we shall go."

Today's intra-day low just above 9500 on the DJIA might mark "a" bottom, however not likely "the" bottom.

We fear further government meddling imminently in the markets which could spark or support a rally, so today we cover our CBRL short for a 19% profit in just under 7 weeks.


It is important to find consistency and exploit it to profit among the market chaos.

We remain calm and consistent winners while others panic and lose. A key trait for success.



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