Monday, December 17, 2007

Choppy Week Ahead

Typically there wouldbe a rebound on Monday following a down week. It's hard to say.
One thing is clear, this week will show sluggishness in retail.

Other highlights will be
Bear Sterns & Morgan Stanley - good opportunity still to short these turkeys
Oracle - I suspect weakness from reduced IT spending
Best Buy - Probable an exception, they should be doing ok

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