Back to DG, oddly it is up a bit today, while most other things are rather strongly down. At $122 at the moment.

I'm impressed you are rather spot on, Jim. It's so hard to read more on a few days' price movement.

I confess I myself have no idea what those price movements were whispering to me except for more aggressive buy/sell by some at those precise moments.

Personally I am not sure DG will outperform the S&P 500 over the next year or two - I think I read some structural shifts in the tea leaves but I could be quite off. I just don't have a clearer vision either way on this one so I am just sitting out. You might as well continue to be successful picking up quarters in front of steam-rollers but longer-term positioning on better companies has worked better for me.

I am always paranoid about high debt level (if you take the capital leases into account, e.g.) 'cause such a debt-ridden company can spiral down quickly when caught at an awkward moment. I do wish you better luck than LYLT since you mentioned it had evolved into a meaningful sized position for you this time.

discussion.fool.com - Fka still falling lylt