PRE MARKETS

Markets are set to open lower on lower equities in Europe (Northern Rock crisis) and fear about the Fed tomorrow. Barrons with a bullish articles on MO SMBL and NOK. I like the SMBL story and will look to buy on pullbacks and am long MO.

IBD 100 starting to gain some energy and med stocks. Here are some of the interesting ones for this week:

1- BIDU

4- POT

6 RIMM

9- CMG

14- ISRG

15- NOV

21-GRMN

26- AAPL

35- AMZN

39- CELG

40-DRC

47-BHP

50- SLB

52- CAM

67-UA

68-ZUMZ

76-GMCR

85-MA

87-FTO

95-CNQ

98-BLUD

One other point on the PE's I wrote about a few days ago. Obviously if earnings come in below expectations the PE goes up and stocks aren't as cheap as expected. I doubt that happens as the economy is so varies so some may come in on the low side but others will beat and the keep the overall PE cheap. Just one sharks opinion.