I would like to finish the year with a big 'ol market surge to aid the ailing CMI 3.0 (soon to be replaced by the monkey of all market direction indicators that will simply be called the CMI 4.0). Unfortunately, the market might try to relieve its "overbought-ness" over the next few days. If that's the case and you believe it, I fixed up a new batch of banana stew for the bears out there who may be looking for a couple of quick, short trades.
This stew is a new recipe and is has no preservatives so its good for a quick 3 to 5% over the next five or six days if the market cooperates and heads lower.
Symbol, Name, Current Price
BGC Partners, Inc., BGCP, $5.67
Talisman Energy Corp., TLM, $11.96
Precision Drilling Corp., PDS, $10.15
Darling International, DAR, $12.90
Advanced Micro Devices, Inc., AMD, $5.28
Vishay Intertechnology Inc., VSH, $8.89
I have a banana stew recipe for the bulls too but that will have to wait for another day. Let's test this out on the bears and see if anyone reaches for the Pepto.
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