All the hoopla from HPQ good ER is fading...thanks to another sub-prime mess issue raised by Freddy Mac......guess what...they are looking for ways to raise money.......
Markets are trying very hard to discount all sub-prime mess...but new issues keeps cropping up...day after day.....
RIMM was upgraded this AM to "overweight" by Thomas Weisel......
FMCN conference call was very "upbeat & detailed about margins"......the question is if Analyst are going to support FMCN or not......
Today's close on markets and FMCN will be very critical......to determine strength & support...
FMCN has traded 180,000 shares by 8.57 AM and is NOT trading @ low of the morning...which is a hopeful sign...but still down another $3+++
GOOG,BIDU,RIMM , AAPL,FSLR ,JASO,VMW are trying to buck the downtrend in the pre-market.....
Good luck on fed policy/minutes day.......
BLOG does not give buy or sell.
Saleem
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