February 28, 2007 Fast Money Recap (Trading the Aftermath)
Today, February 28, 2007, brought a modest recovery but some of that was due to short covering. There is a very good chance we will see a second leg down in a few days or a week, so please be patient. Then be prepared to begin bargain hunting. Remember, it’s been said that the best way to Make Fast Money is BUY NOT LOSING IT.
Buying suggestions:
EEM - MSCI IShares (Macke) (Adami - Buy on the pull back)
GAP - THe Gap (Macke)
Dell - Dell (Macke) (Strazzini)(Adami)
JWN - Nordstrom (Macke)
DVY - DOW IShares (Bolling)
MRK - Merck (Bolling) (Strazzini) (Adami)
Gold (Bolling)
TSO - Tesoro (Bolling)
UGAS - Gasoline (Bolling)
OHI - Omega Healthcare (Bolling)
XLNX - Xilins (Strazzini)
SMH - Semicond (Strazzini)
VZ - Verizon (Strazzini)
PH - Parker Hannifin (Strazzini)
APPL - Apple (Adami below 78)
HON - Honeywell (Adami below 45)
S - Sprint Nxtel (Adami)
