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Strategies & Market Trends : The New Economy and its Winners
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To: ourtrade who wrote (39273)1/23/2008 3:11:37 PM
From: Lizzie Tudor  Read Replies (2) of 57684
 
it always seems like shorting those is a good play when you have a market meltdown but tons of people were wiped out shorting FSLR right when Cramer soured on it in July last year.

Its just not a good idea to short hot growth names unless you are really, really nimble. This month shall pass.

I will look at apple at around 100 or maybe 95, I was thinking 120 last night but since we are practically there today its too high.

I see this year is another 250 billion deficit for the US economy, thats with no recession. The economic backdrop is the real problem here. No leadership.
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