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Wednesday 30 August 2006

Looking back at the hot stocks

When will ERS, TIE, HANS, ISRG and NTRI stop going up. During the summer, when the bears come for lunch and the hedgies pull their money out of the speculative stocks and into oil and big caps, that's when. What's happening now? Oil money's going to tech, and metal stocks are flat-lining. The next week should tell us where things are headed for sure. Q's are getting ready to break 39, and then we are going to rip to the upside. I would be long SMH and short XLE even though we have hurricane threats.

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