Fast Money's Tech Trades For A Bear Market
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Date updated:09-10-2008

Ratigan asked the traders to pick one name each that is worthy of a trade right now in the technology sector.

symbol name last price % change open
  • +
  • RIMM
    Research In Motio
  • $59.76
  • 0.00%
  • $N/A

Mack said buy Research In Motion (RIMM) at $100 with a stop below $95. I think investors can get long RIMM at current levels, says Jeff Macke. It has a nice history of bouncing higher from here.

People owning RIMM also tend to own: AAPLAPAAUYBPCCMECOP

TheStreet.com Rating: B- What is this?

  • +
  • ORCL
    Oracle Corporatio
  • $22.60
  • +2.08%
  • $22.36

Adami said he likes Oracle (ORCL) ahead of their earnings report with a stop at any close below $18. I think they’re the best M&A firm on the planet, says Guy Adami. I’d get long ahead of earnings and hope they beat.

People owning ORCL also tend to own: AAPLAMDCSCODELLGOOGIBMINTC

TheStreet.com Rating: B+ What is this?

  • +
  • MSFT
    Microsoft Corpora
  • $29.79
  • -0.40%
  • $29.82

“Buy Microsoft (MSFT) which is ridiculously cheap, with a stop at $25,” added Finerman.

People owning MSFT also tend to own: AAPLAMDCSCODELLGOOGIBMINTC

TheStreet.com Rating: B What is this?

  • +
  • HPQ
    Hewlett Packard C
  • $50.05
  • -0.28%
  • $50.34

Najarian recommended Hewlett-Packard (HPQ) with a stop at $44. The EDS acquisition should allow H-P to win marketshare from IBM, says Najarian. I think there’s all kind of upside.

People owning HPQ also tend to own: AAPLAIGAPDBABACBAXC

TheStreet.com Rating: B What is this?

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Q. Anyone know if this is this the ...
11.27.09 | 01:13 AM Asked by shawnmks

A. I dont know, but heres what I do
know...

Buying the broad market (SPY/"your
picks") on Fridays has paid off
(sometimes huge) by selling on Monday.
Its been that way for weeks...pull up a
SPY chart!!!...the chances are very
high, like over 70% for 21weeks and over
80% for 12 weeks...I am not a T/A guy,
but because nobody anywhere is talking
about this I have to play with my own
numbers...if theres a big rally day, Ive
noticed that day is usually a Monday...I
started trading on this 3 weeks ago,
calling it "Free Money on
Mondays"...I simply do this:
1) Buy on Friday
2) Sell on Monday, as everyones saying
how great things are going
3) For the rest of the week, listen to
everyone saying how horrible things are
going [and laugh]
4) Repeat step #1

I stumbled on this after many many weeks
of hearing guys on T.V. say
"Managers are doing allocations on
Mondays" and finally decided to
look at the chart history. I am not
sure why nobody is analysing or talking
about this in detail, but I generally
DONT discuss things that I do not see
others discussing. I thought I would
bring it up to you because you seem to
care about Friday being a "bad
day", when I now offically consider
all Fridays a "buy day", at
least until I get beat a couple of times
(according to charts a beat like that
last occurred Aug 10th and 17th).

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