Smoking Securities

Half Baked High Finance Top Picks

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Hot picks from
Apple continues to enjoy a short term uptrend, but I think there are better places to feed.
General Motors still looks terrible, but it too is enjoying a short term uptrend.
Google might break the downtrend, but it’s at major resistance.
POT is dangerous, and should be avoided (unless you like groovy tunes and the munchies).
I’ve said it before an I’ll say it again. I’m not catching this falling knife, but I bet she’ll see 300 again.

SKF is my favorite long term play, but I’m not gonna commit ANY money to it until I see a EVIDENCE of a trend change. AAPL, GM, GOOG and POT seem like better shorts in the coming days, but this is a helluva bear rally, so there is no reason to rush.

Written by chucklesamadeus

December 9, 2008 at 12:04 am

Posted in AAPL, GM, GOOG, POT, SKF

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