Fast Money Recap 2/27/2007 (The Day The Market Corrected.)
This Fast Money Recap for 2/27/2007 is the start of a wish list. Stocks that are correcting and will at some point be bargains.
Don’t be a hero or stick your head in the sand, if you have profits it’s OK to take them. Don’t buy puts or short this correction, and most of all Be Patient!!! Like 9-11, April,2000, or 1987, this too will pass. Be patient and be prepared to buy when things finally cool down. It may take weeks or a month, so work toward being ready to make some not sooo fast money, and a good plan will ease the pain.
Buys(after the correction)
SWY - Safeway (Macke) (buy 30 or less)
INTC - Intel (Macke)
HD - Home Depot (Macke) (Adami)
ATVI - Activision (Macke)
RSH - Radioshach (Macke) (Buy on the dips)
FXE - EURO Shares (Bolling)
Gold - GLD (Bolling)
FLS - Flowserve (Bolling) (47.5 or lower)
WYNN - WYNN Resorts (Bolling) (Buy later not now)
MRO - Marathon Oil (Bolling)
EEM - MSCI Ishares (Strazzini) In the long term, buy on the dips
AXA - AXA ADS (Strazzini)
PG - Procter and Gamble ( Strazzini)
AXP - American Express (Strazzini)
KR - Kroger (Strazzini)
MRVL- Marvel (Strazzini)
LSI - LSI Logic (Strazzini)
STM - STMicroelectronics (Strazzini)
ADI -Analong Device (Strazzini)
SMH -Semicond Hlder (Strazzini)
WAG - Walgreens (Strazzini)
CVS - CVS Corp (Strazzini)
JNJ - Johnson and Johnson (Adami) (uner 61.5)
EWY - Korea Ishares (Adami) (45 or lower)
EWT -Tiawan Ishres (Adami)
APPL - Apple (Adami) (78 or lower)
HON - Honeywell (Adami) (45 or lower)
Sell
HD - Home Depot (Bollng)
CAT - Catepillar (Adami)
