Wednesday, November 19, 2008

Watches Thursday Nov. 20

F GM PLD URE AMD HIG HST AMAT XLF AA

I don't even know if it is possible to get shares of F and GM but if ever there was a time it is now. Look at the stats:

F 84/68
GM 87/78
PLD 87/37
URE 87/42
HST 81/21

Most stocks change dramatically whether or not the market is up or down. Look at GM: 87% chance of red on $DJI red, and 78% chance of red on $DJI green. Amazing.

Use this list as a supplement to Muddy's list for short watches based on recent (unsustainable) gains.

** UPDATE


Pretty good so far... AMAT had the lowest stat with "only" a 77% chance of going red... all others were 80%+ ... PLD was the highest with 87% (and my pick of the day for that reason)

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