Seeing some value in Altria shares ($MO) due to being beaten recently and lots of negative sentiment. Won't be a quick reversal to the upside on these. Halliburton ($HAL) is likely to rebound a bit from here due to a spike in pessimism. Some gold shares are nearing a short-term bottom (but not yet, give the decline a few more days).
On the short side (we generally are better at shorting on psychology) we're seeing topping on $SIRI (Sirius). Yes, the company will survive, which is real good news, but you're likely to see some short term longs profit-taking on the recent 60% rally. Also $VZ is looking a bit too enthusiastic on pad-related euphoria. Wuite a few ways to prepare to short the e-pad enthusiasm.
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