Last update was on April 21, 2008. Check that post.
Now, we are hitting the upper trendline. This is definitely not the best time to be playing on the long side. When the media is celebrating the upside of the market, I have taken a cautious stand. I have let go most of my longs and picked up some shorts. Some of the best shorts are listed here.
These stocks should perform worse than the market. They had very BAD REACTIONS to their earnings reports. The Dollar has moved above the dotted blue line. But OIL showed a nice move even with the upward move of the Dollar. This should get resolved in the coming week.
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