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Stock Picks for August 13, 2007 |
- We wanted to see what the fed would do this morning and how the markets would react. Check back throughout the day I will be updating this stock picks newsletter intraday.
- This is a good place to sell the SAIA stock pick, since it is a big position with the 4+ average downs we did. We are positive now, and it is way too concentrated of a position to hold in these markets. Sell your position when you read this with the limit order suggested on the alerts for a small profit.
- Update: 3:35 PM EST: Not much to say. A pretty muted day so far on the Street. Liquidity injections are calming things for now. Hey we have 25 minutes left, so with these markets anything could happen. You should be out of SAIA now.
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