From a perspective that we are oversold there are some stocks I would nibble at but I would not say they are good deals either.
Currently short FDRY (what a winner, best short in a long time looking for 15.50 before giving it up) and QQQs. XLNX short covered yesterday (another nice trade but could have made more today). Long KLIC, BRCD, and ADM.
For bounce from nearterm low I like TXN, INTC, XLNX, UTSI, QLGC, and ARMHY.
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