Wow, it was amazing to witness intraday moves in stocks today. It felt like we should have been down big on the day, but we finished in positive territory. It looks like we may get a bounce tomorrow from more short covering and bargain hunters. I believe the market offers great opportunity at the moment as many great stocks have been beat to a pulp. However, the coast is still unclear clear, but opportunity is in the air.
Attractive stocks: AAPL, VMW, DRYS, SIGM, UA, BWLD, RIMM, NVDA, ICE, AMZN, & BIDU
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Yes, I loaded up with june 2008 call options on BIDU, FSLR and RIMM during the meltdown at around 10.30-10.45.
FSLR will announce a mega multibillion contract{s) in januari! DO NOT SHORT!
BIDU will announce listing in SHANGHAI and RIMM will announce CHINA sales.
It looks like a bottom here before stellar earnings and FED cut! I decided to pass on AAPL
which is almost 90% dependent on the US consumer (price target $300 by jan 2009 is still doable!).
I am short some US financials!
Good luck,keep the faith and he guts !
I of GOD's servants!
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