Thursday, August 12, 2010

More recs after a while!

S&P fell 6 pts today with no end in sight. I see a shorting option here.
While Cisco shot 79 percent up since last Wed, the sales outlook was bleak and bellwether's revenue missed expectations. Don't jump in here just yet.

GM posted its second straight profitable quarter last Thursday,  but I think with Ed Whiticare leaving office, it'll sink a bit. Be cautious everyone!

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