Date updated:08-13-2009
"Consensus forming: It's dangerous to buy the dip. So dangerous, perhaps, that it is causing fear to hit home with the dip-buyers!" - Jim Cramer

-
C
Citigroup Inc - $4.21
- -1.64%
- $4.29
I am case by case. I want to buy the Citigroup (C) dip -- why not? It is a major turn. However, with the exception of Wells Fargo (WFC) a point from here, I have no desire to buy the first day of the bank dip. I'm with Doug Kass on that one.

-
WFC
Wells Fargo & Co - $27.86
- -0.75%
- $27.89
I am case by case. I want to buy the Citigroup (C) dip -- why not? It is a major turn. However, with the exception of Wells Fargo (WFC) a point from here, I have no desire to buy the first day of the bank dip. I'm with Doug Kass on that one.

-
CSCO
Cisco Systems - $23.74
- -0.67%
- $23.79
I want to buy the Internet tsunami dip, including the Kass-maligned Cisco (CSCO) (ha!), Qualcomm (QCOM) and Apple (AAPL), which is headed down with the rest of the mob, are looking mighty attractive.

-
QCOM
Qualcomm Incorpor - $45.56
- +0.02%
- $45.86
I want to buy the Internet tsunami dip, including the Kass-maligned Cisco (CSCO) (ha!), Qualcomm (QCOM) and Apple (AAPL), which is headed down with the rest of the mob, are looking mighty attractive.

-
AAPL
Apple Inc. - $204.44
- -0.70%
- $205.21
I want to buy the Internet tsunami dip, including the Kass-maligned Cisco (CSCO) (ha!), Qualcomm (QCOM) and Apple (AAPL), which is headed down with the rest of the mob, are looking mighty attractive.

-
MU
Micron Technology - $7.53
- +0.13%
- $7.53
But I have had enough of the semis for now as the worst one, Micron (MU), just hit a 52-week high!

-
JCP
Penney J C Co Hol - $29.23
- +0.07%
- $29.16
I like the J.C. Penney (JCP) dip and I notice the incredible action in Kohl's (KSS) and Target (TGT) and wish they were down. They are such tells for the turn, especially Kohl's, which is almost at its high. Reduced inventories more than make up for reduced sales.

-
KSS
Kohls Cp - $53.81
- +0.39%
- $53.55
I like the J.C. Penney (JCP) dip and I notice the incredible action in Kohl's (KSS) and Target (TGT) and wish they were down. They are such tells for the turn, especially Kohl's, which is almost at its high. Reduced inventories more than make up for reduced sales.
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