Tuesday, November 20, 2007


Looks like we are having a turkey rally ahead of Thanksgiving. Do I think this rally will last ? I am not sure. There is still a lot of weakness in the markets particularly in the financials which are not participating in todays rally. Without the financials the bull market is doomed. I would not go long in this market if I don't see a recovery in financials. We may get a little rally in the retail sector and names like TGT COST BBY WMT M AEO APO ANF may all have a nice run going into the holidays.

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