Cincinnatuus

What to do now the Honey Pot is refilled?

Corto
NYSE:HON   None
Honeywell finally funded their Enron, WorldCom style 401K retirement plan, with shares out of thin-air. The shares were at the current price and never mind the missed dividend payments, but they did follow through... The question is when to trade them off. As the S&P trades up into the 61.8% Fibonacci range, all other stocks will top out as well. For me, the best idea is to step aside as we are on the cusp of a significant sell-off...
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