Wednesday, August 1, 2007

Blood on the streets in the town of New Haven...

Well, the SPX closed below my target of 1465 yesterday. What does that mean? I would use this doom and gloom to snap up the best quality financials, housing, and natural resource stocks. Oil seems to be getting frothy. For a short, it would be in oil stocks since they would have to correct soon. Remember, sell when you can, not when you have to, and buy em when they are on sale. It looks like Nordstrom's anniversary out there.

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