Wednesday, April 22, 2009

Market Wrapup

Gotta head to a meeting, so I will continue later. In short, the rally still has legs, thanks to sweet tech earnings, via APPL, EBAY, NTGR, BRCM. If you want to buy longs, focus on heavily shorted stocks in hot sectors and play small. In addition, keep a short time horizon. I am short the S&P right now, via SDS, and I feel we are getting a little toppy here but the rally isn't over.

Be back later..

No comments:

Post a Comment