Wednesday, November 7, 2007

Thanks Alot GM...

$39B loss? Common... Where was all the accounting during the last 3 quarters? Oil keeps going higher...

My eyes are also on the Solars (especially in hedging Oil). That energy group is doing what Ethenol did last year... i may buy future dips against oil.

The market looks forward to getting past today. Weaker dollar from talk of China banking on other currency. FED guys talk @0845 & 9; We have Oil/Petrol reports (1030); Consumer Credit (3). Talk of the S&P support@ 1490 is in focus. CSCO hopefully will blow by expectations and save the week.

I am not touching my positions today...unless there's a catastrophy...
- I'm looking for BIDU to stay down... and hopefully AAPL stays neutral, so i can get in on BIDU. it's a longshot.

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