Its not often you find me quoting Cramer day after day, but he is talking about the extraordinary p/e on ARMH again tonight. Please note on a consecutive re-pump, the stock tend to reverse early next day when the pros start to short the home gamers. Or the escalating situation in Egypt tonight could cause a big market dip. I also see that the stock is outside of the BBand on the daily chart; the last 5 times this happened, a sell off immediately took place to knock it back into the upper range of the BBand or a deeper drop to the middle of the BBand took place. There will also be a whole bunch of dips along the way or the concept could be a complete bust when INTC catches up, but a video is worth a thousand words and here is the “revolutionary” video link to Feb 2, 2011′s Mad Money.
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