Markets are pulling back...which was highly anticipated.
The first 90 minutes of correction is actually doing wonders to chips stocks & techs.
HPQ lit a fire under most chip stocks by releasing the GUIDANCE a week early by mistake....which is very positive for most techs.
Strong stocks are:
RIMM(Goldman Upgrade),WFR,HPQ,YHOO,STP,SNDK,CSCO.
Weak stocks are :
NYX,WYNN,NVEC,GROW,AKAM,ICE,GOOG,MPEL,LVS,TSL,XING,
MSTR,HLYS,CROX,DNDN.
Good luck on your NEW positions.
Stay diversified.
BLOG does not give buy or sell.
Saleem
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