11.11.2008

SAME OLD SAME OLD


Markets continue to move lower with the "short the pull ups" the coining the money strategy.


Market internals continue terrible and all the sectors red.


Green stocks- WYNN CEPH AMLN MCHP TEVA LLTC EXC STT V LM ;


Biggest losers- HIG S TYC MS AES AIG F CI BHI AA NOV FMCN DISH LINTA NIHD BIDU MICC FWLT SHLD VRSN GRMN;


Big issue on what to do with GM - let it fall and ramifications of unemployment and all kinds of leasing/warranty/parts issues- give them money and its probably a bottomless pit.




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