Friday, December 26, 2008

Stocks: Long Silicon Labs (SLAB)

1. Trading above the 50-day
2. Small caps good bet for "textbook january effect"
3. Break-out and pull back, ready for "go"

1. Market risk is still high
2. Cap ex spending may be a couple quarters away
3. Trades at high PE

Buy at your own risk, I'm just a knucklehead on the internet.

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