DollarOne

Wow, what a day in the market. Holy cow. I haven't seen such a disaster since June/July. I feel like someone punched me in the gut. It's been a while since I wrote one of these cause there really hasn't been any great trades. In fact the last dollarone update was on October of 2007. Okay so I've just been lazy. I've been shorting mostly and playing with the same stocks, mostly trading them within the week. But today is the first day in a while that I see some great buying ops out there. As always I think GOOG is a great buy for long term. But today I think that BIDU is an amazing deal at these prices. I also see Sprint (S) as a good opportunity to make 10% pretty quickly. I think there is still quite a bit of downside left in the banks and builders and real estate related industries. So if you have the stomach to short anything you might want to start researching.
As always you can find this blog on : http://dollarone.blogspot.com/
Oh, and I did find a great site which aside from having some ads gives some good insight: http://www.askstockguru.com/ . Hope you all are holding up well. Let me know if you have any tips.