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Bearish BAC, CRM, TGT, RIMM, NYX,

I am bearish on the out look of the market and being so makes me look for good canidates to short. These are the one I think will go lower.  Again the rally faded today, just icing on a bad cake.

CRM – customer management software — too low of barriers of entry for profits to grow and maintain short and long term

BAC- heavily leveraged to consumer debt,  not being able to find new customers qualified for loans and loan defaults could really crush the banking business

TGT-  highly leveraged to consumer spending and credit, has issued credit to customers to grow sales – reality of lending to people who can’t afford to shop in your store may set in soon.

RIMM-  has patent problems with motorola, three networks shut downs in the last year, lots of competition in the market should hurt margins

NYX – market trading should slow as markets slows with confidence and investors losing money in a stagnant economy.

Entertainment purposes only; help other ask questions later

February 19, 2008 - Posted by | Uncategorized | , , , , , , , , , , , , , , , ,

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