11.10.2006

MORE GURU


Markets continue to flop around as NAZ over SPX trade continues with some pockets of strength in some selected sectors.

The strongest airlines, brokers, trannies, semis, retail and small caps; to the downside- metals, oils and drugs

Heading out early today as I don't expect much to happen in the markets between now and the close so a quick update on Cramer's speculative picks from last week:

Q- down 4.5% on the week

ARNA- down 6% on the week

LVLT- up 2% on the week

As I type, the IWM is +2%, SPX +1.2%, NAZ COMPQ +2.3% and the DJIA +1%.

So for the week, Jimmy has given you high risk and negative return while the major indexes are all up at least 1%. One week does not make a guru, but he is of to his typical start IMHO. Remember, Jimmy throws thousands of stock against the wall and then he lets the CNBC shills crow about what sticks.

1 Comments:

Blogger Dan Beisiegel said...

I just wanted to complement you on the great job you are doing with this blog. Best of luck in the future.

Dan

3:06 PM  

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