Wednesday, July 23, 2008

Morning Look

Oil is down and the futures are up slightly. I am looking for some air to come out of the financials and am looking for shorts. WM looks like a candidate short so far but I want to see the early reaction to the group. WM was downgraded to sell and Moody's may downgrade it again. Other stocks I'll be watching are:



About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.