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Joined: 28 Dec 2005 Posts: 12643
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Posted: Mon Jan 09, 2006 8:29 pm Post subject: Tue: Buys None Sells SPX OIH GOOG QQQQ IWM |
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Tue: Top Buys None Top Sells SPX OIH GOOG QQQQ IWM
The market may be at a turning point, after a final short-covering surge today and heightened earnings uncertainties tomorrow after AA earnings. Consequently, SPX OIH and GOOG short-term puts, and QQQQ and IWM long-term puts may be buys on market bounces. SPX and OIH often move in opposite directions, although generally move together. GOOG has the potential to fall sharply and quickly, and lead QQQQ and IWM lower. |
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