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Strategies & Market Trends : Cadaver's picks
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To: Cadaver who wrote (40)11/28/2007 10:47:34 AM
From: Cadaver  Read Replies (1) of 43
 
If you bought on my advice over the last two weeks I suggest you sell half now.

The market is VERY LIKELY to go up further. But always take profits cause others will.

And as long as the market closes above todays open in the next two days, the downtrend is as good as finished. After this is confirmed, may I suggest the following investments:

FXI = China ETF
FXE = Euro ( you need to hedge the dollar, but take a small position here since the trend may reverse soon)

Buy QQQQ calls, tech is still doing pretty good and mostly unaffected by the credit crisis.

You can also load up on QQQQ stock, very useful for writing calls later.

For individual stocks, I recommend AAPL to hold on for 1 quarter.

-C
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