KEITH - DIN, massive resistance at the 12.64-14.99 range... short with impunity.
Howard – DIN - Last week I posted a note that said casual dining could perform better in early 2009... In that environment DIN will participate in any rally. That being said, I think the fundamentals of this company are very questionable and the balance sheet is choking the life out of the company.

KEITH - DRI flashing a + divergence here... needs to hold 18.27, I'm holding my breath
Howard – Fundamentals suck but I like DRI here for a trade. I highlighted DRI and EAT in my casual dining note.

Keith - CMG, I am going to short at 53.10
HOWARD - CMG - $8.00 in cash on the balance sheet will provides some stability in this market, but a 6% menu price increase will hurt traffic trends. Margin comparisons in 1H09 are very difficult.

KEITH - STZ - you like wine? STZ shaping up very bullish
HOWARD – No real opinion other than I’m a consumer. Going to do some work on this one!

KEITH - your ole friend Ruby, RT, looking ripe to be shorted again... anything new there?
Howard – RT is still on the bankruptcy watch list.