8:30 am EST We have all heard about the issues of the auto makers. It has now come to fruition. It looks like we will have a down day today and people will use the "uncertainty" over the auto makers to sell off. That is a little of what we need. The question is how will the market react by the end of the week. Of course we will be lower today. How does it go after the end of the quarter?
I am looking at Research in Motion (RIMM) and Apollo Group (APOL) with earnings this week. I will be putting on a hedged trade on (APOL) today or tomorrow. I am going to hold off on other trades until I see more action for this week. Until next time, stay low risk..
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