Wednesday, March 26, 2008

Here is the deal

After hours Oracle missed earnings and that's not good. Why? Oracle has been one of the few very bright spots in tech when it comes to earnings, saying that I think we will have an awful earnings season. It will get rough in tech land and Nasdaq wont hold up without tech out performing. Well there is my idea about going to 13000, thrown through the window. I am very doubtful here and the best thing to do is just to play some options or short the weak sectors like housing and the brokers. I still think they bounce us into end of month for window dressing but April will surely be VERY interest.
Keep the power dry as they would say I think we will get some awesome moves soon.

I am working on a list right now if we turn down should be very very profitable