Up, down. Down, up. I'm staying on the sidelines, as most of us are, but I'm still watching for bargain prices.
Unless the Fed cuts rates (doubt it), stocks will be stagnant until Q3 earnings are out. That's gonna be a long two months from now. I want the dips!
I'm not interested in buying all of these stocks, but if the market keeps running off the rail, these targets would make things interesting. There are too many plusses to the global economy to ignore, or to assume that the market is completely in the clutches of bears.
My wish list, current prices and target buy prices (highly adjustable):
[A-] Amazon (AMZN), now 76, target 70
[A-] Apple (AAPL), now 131, target 125
[A-] Baidu (BIDU), now 198, target 175
[A-] Crocs (CROX), now 58, target 54
[A-] Foster Wheeler (FWLT), now 110, target 98
[A-] Garmin (GRMN), now 98, target 88
[A-] Google (GOOG), now 503, target 480
[A-] Nintendo (NTDOY.PK), now 56, target 55
[A-] Research in Motion (RIMM), now 218, target 206
[A-] Under Armor (UA), now 64, target 60
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