Tuesday, May 8, 2007

So far ....So Mild.... PULLBACK !!!!!!

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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