Thursday, August 17, 2006
Bear Raid
I said earlier, whenever the market seems "fun" to me it sells off. Well, I am not willing to red flag the market yet, but it appears the sellers are getting a little sporty-- knocking the Dow down 40 points in 20 minutes.
I still believe, whether the market sells off today or not, there is still room for upside.
Also, I am scouring the market for deeply depressed stocks and will be posting on these small cap dogs, sometime in the near future.
UPDATE: The bear left the building. We are likely to stay green into the close.
I still believe, whether the market sells off today or not, there is still room for upside.
Also, I am scouring the market for deeply depressed stocks and will be posting on these small cap dogs, sometime in the near future.
UPDATE: The bear left the building. We are likely to stay green into the close.
Comments:
<< Home
I avoid earnings at all costs. I would be uncomfortable with MRVL into earnings.
Perhaps, short BRCM-- long MRVL to keep a hedge on a downside surprise.
Post a Comment
Perhaps, short BRCM-- long MRVL to keep a hedge on a downside surprise.
<< Home
