Monday Morning Update

July 7, 2008 – 9:29 am

I like [[AAPL]] here, I think it finishes 6 points higher today. I bought [[YHOO]] on Friday, the stock is on fire this morning due to takeover rumors. My video file was too large and I was unable to upload it, I’ll try to put another one together tonight. I’m bullish on the market today and believe we’ll have an up day.

Update: Bought more [[AAPL]] at the open

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8 Responses to “Monday Morning Update”

boca Says:

Thanks, I think we have a mini-bounce today also.
July 7th, 2008 at 9:38 am
Danny Says:

iBC machine is oversoldish. fmcn, make me proud on this bounce.
July 7th, 2008 at 9:49 am
Jakegint Says:

CYN! #1 bank short!

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Nice time to pick up some EEV, as well.

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July 7th, 2008 at 10:16 am
Aris Says:

i’m going to use this mini rally to get short again.

i can’t see any reason why AA won’t be dismal, and GE will probably shoot their dog again (but only enough to require a splenectomy, however).
July 7th, 2008 at 10:59 am
Jakegint Says:

$26.50 break on FMCN. $253.25 on FLSR.

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July 7th, 2008 at 11:13 am
Zenprofit Says:

Aris:

What’s up with AA +4%??
July 7th, 2008 at 12:12 pm
Employee8 Says:

Re AA: It’s still a takeover target ….
July 7th, 2008 at 12:44 pm
Aris Says:

i suspect it was short-covering, zen.
July 7th, 2008 at 3:26 pm