Monday, November 9, 2009

New Trends

AMZN upgrades got the mo jo back. RIMM better watch out. Trend is down there. You can play but take profits. Build your RIMM position to coincide with earnings release. They always run up before earnings. You should get some selloff from Droid phone news next few days or weeks. Already had some. Losing market share but still a good value at the right price. AMZN's pe is high so get out if the market weakens. Verizon bashing ATT is hurting AAPL and holding it back from going higher. Big money may be next year unless we get some NAPD data showing market share or sales to push it higher. Thats good long term builds a base to launch from if the market holds up but as a shareholder disappointing it did not move as much as the market. Scale back till mojo if you are short term. Take a look a ROM but it is a leveraged play so your entry and exit are critical. You have to manage this one carefully. MOT may be hurt by the HTC droid phone so if you have profits take protect or scale back some. One phone cannot carry motorola and downgrades on valuation could come soon.

No comments:

Post a Comment

My Blog List