SELL-OFF too soon...

Sell sell sell was yesterday's game. Today looks like we could nibble on some stocks for a quick buck.

Financials have given up most of their gains. Citi bottomed at 18 earlier this year. Ran upto 27... and now is trading at 22.50 or so- technically this looks like a good trade right here. 22.30 right now and I am a buyer for a quick trade when financials rally again- soon.

Technology is getting crushed with SNDK's gloomy outlook- recession is priced in, consumer is dead etc. BRCM that we sold yesterday at 29 is 26 today- unbelievable moves. At 26 looks good to add some. And some more if it falls more after HP's earnings come out this evening. The longer term trend methinks will be up though it may be slow and steady. When the market does hiccup as its doing very nicely today buying is a good idea. Am also adding NVDA- graphics chip maker- down from 25 to 23 in two days. And EMC looks good at 17.35 today.

Solarfun did not disappoint and is holding onto its stellar run from 18 to 25... once the market settles down- solar names will rally again. Am not buying new names here but will look for a rally to sell those that I own. Lookin for YGE 28 and STP 50 to sell them and wrap up my solar play until oil prices decide to come down- that will inevitably happen- as theres too much speculation in that price- is my opinion.

ABX (gold) was very timely as we got in yesterday at 40. ITs up today to 42 and change... my target price is 45.
Late day rally may or may not happen- but am positive that the market will rebound this week as profit taking ceases and bargain hunting begins.

Hang in there... opportunities to buy and sell keep comin our way and being on the right side of the trade is the mantra.