Smoking Securities

Half Baked High Finance

StockTwits.com Top Picks

leave a comment »

Hot picks from StockTwits.com
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.
Advertisements

Written by chucklesamadeus

December 9, 2008 at 12:04 am

Posted in AAPL, GM, GOOG, POT, SKF

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: