Wednesday, February 06, 2008

Stocks to Watch Before Open Wednesday

The US market is expected to open slightly higher today after this morning's productivity report. (JDSU) is advancing this morning after it beat its earning estimate after close yesterday, it is up 23% pre-open. (ORCT) is advancing 31% after it announced its 15 year contract with Deutsche Telekom, this one looks interesting to get into.

The overall market is heading lower in the near future, I would use this opportunities to reduce my holdings, avoid major buying positions right now. But small position into (ORCT) maybe OK to do.

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