Daily Picks

It's time to pick up some over-sold/defensive stocks and short some high runing speculative stocks.

Although mortgage turmoil seems to be widening, E-Trade is the recent victim of CDO short falls. But Citibank is over-sold, so I am re-iterating buy recommendation for WCG and issue a buy recommendation for C:

Long: WCG and C

At the same time, I am using my spreadsheet scan through the past "Super Stars" and discovered that MICC, POT are breaking down.

Short: MICC POT

Market Swimmer