Hedgehog University Short Stock Profile

The Hedgehog University(HHU) is re-opening  at  the  Hedgehog.  I  will  
be posting the HHU  weekly  market  commentary  in  the  newsletter and 
building out a Hedgehog University section on the web site. 

Last week we profiled Vimpel Communications- Short Profile 02/10/08

The short trade for VIP did not materialize.  The setup  was  a  stock 
bouncing  down off a moving average on Feb.  4 and a couple of days of 
downward movement.  When the stock moved up on  Feb  11  and  actually 
closed  above  the moving averages on Feb 12,  the setup was no longer 
valid.  

Vimpel-Communications (NYSE: VIP - $36.78)

In our Model Portfolio we actually shorted a  stock  today,  Feb.  15.  
The stock is Phillips Van Heusen.  

Phillips Van Heusen (NYSE: PVH - $38.14)

That  stock  could  drop  to  $29.30.  If it does and we have not been 
stopped out on the way there,  our gain could be  $8.80  or  22%.  And 
this is how we look at these trades.  We find a setup.  We try to find 
a target.  Then we take the plunge and try to extract what we can from 
the  Elliott  Wave.  Check  us  out  at  Hedge Hog University training 
school if you don’t completely understand this.  

                                                                     
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We will use accepted methods of fundamental and technical analysis  in 
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