Date updated:06-18-2009
"To me, the only real positive out there is still one more week of positive inflows to equity funds, which has been a tremendous streak and a reminder that if we could go a few more days without a bank deal, we might be in a decent situation to power the techs and banks higher by the end of the quarter." - Jim Cramer

-
CC
Cc - $0.00
- N/A
- $N/A
It has been a long time since we have been "due" to go higher, but since there had been an extra unbelievably long time that we were "due" to go down, I don't think there's much of a reason to believe that matters. One could argue that today's discretionary call, Carnival (CC) -- Tuesday was Best Buy (BBY), yesterday we had FedEx (FDX) -- wasn't a nightmare, so we can take that off the table. Maybe even someone will interpret bookings as higher revenues and therefore positive!

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BBY
Best Buy Co Inc - $43.30
- +0.81%
- $42.82
It has been a long time since we have been "due" to go higher, but since there had been an extra unbelievably long time that we were "due" to go down, I don't think there's much of a reason to believe that matters. One could argue that today's discretionary call, Carnival (CC) -- Tuesday was Best Buy (BBY), yesterday we had FedEx (FDX) -- wasn't a nightmare, so we can take that off the table. Maybe even someone will interpret bookings as higher revenues and therefore positive!

-
FDX
Fedex Corp - $81.78
- -0.85%
- $81.93
It has been a long time since we have been "due" to go higher, but since there had been an extra unbelievably long time that we were "due" to go down, I don't think there's much of a reason to believe that matters. One could argue that today's discretionary call, Carnival (CC) -- Tuesday was Best Buy (BBY), yesterday we had FedEx (FDX) -- wasn't a nightmare, so we can take that off the table. Maybe even someone will interpret bookings as higher revenues and therefore positive!

-
AAPL
Apple Inc. - $199.92
- -0.29%
- $198.33
To me, the stocks to watch, once again, would be Apple (AAPL), Research In Motion (RIMM) (most cogent of all because it will determine tech for the next 48 hours),

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RIMM
Research In Motio - $59.72
- 0.00%
- $N/A
To me, the stocks to watch, once again, would be Apple (AAPL), Research In Motion (RIMM) (most cogent of all because it will determine tech for the next 48 hours),

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BAC
Bk Of America Cp - $16.09
- +0.06%
- $16.03
Bank of America (BAC) -- the preferred conversion is almost over -- and JPMorgan (JPM), which could be heading to the $30 strike ... a disaster for the Dow.

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JPM
Jp Morgan Chase C - $42.46
- -0.21%
- $42.47
Bank of America (BAC) -- the preferred conversion is almost over -- and JPMorgan (JPM), which could be heading to the $30 strike ... a disaster for the Dow.
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A. The only one I own : SLX,
too hard pick a winner out all of them
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