1.28.2008

Sell the earnings...buy the oversold dip...

Looks like the market is selling the earnings release, and buying, hours or days after the selloff...(ie., INTC, SPWR, VSEA) Could VMW be next?

So, whats been working in 2008?
Financials (BAC $33 to $41 int 1 week 1 day)
Homebuilders (DHI up over 50% from $10 bottom price)
Transportation (RAIL from $28 to $36)
Retail (AEO $17 to $23)

Whats correcting/consolidating?
Solars
Tech
Agriculture
Refiners
Semi's

Also, notice the weak 2007 stocks continued their selloff in 2008 for about the first two weeks of 2008, then almost on a dime, they have recovered in a big way...(RAIL, DAL, HD, TYC, WM, ODP, AEO).

Stocks putting in a bottom near 52week lows..
AMD
MU
SBUX
KSS
MCHP
MRVL
XJT


tb

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