Friday, May 8, 2009

Market Outlook

Get ready to rock and roll. The market should roll today; however, the big unemployment report is at 8:30a. I covered most of my shorts yesterday and will look to position some longs, for today at least.

I like shippers the best via: DRYS, GNK, EXM, and for a spec TOPS

I also have an order to buy some piece of crap financials, via bond insurers Ambak, ABK. I like it under $1.40.

As far as video games go, I am tempted to get long some ATVI around $11ish. I think it can go to $13-14.

I'm will be golfing this AM, so won't be back until noon. Good luck

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