Yeah I figure today will be like Friday was -- high of the day in the first half hour then close at the lows. I'm seeing too many reports just this weekend of sales being down 20-40% from the same quarter of 2005.
We haven't even gotten to lower EPS's compared to the previous year yet, and I figure negative EPS's and a bankruptcy or takeover or two is necessary before it's all said and done.
So I curse at the ticker for a while but I ain't sweating it long-term. (I'm short one of the builders.)
Sounds like a good short to me.