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StockWatch: Between the Bells with Timothy Sykes

We've pinned down the ever-dancing Wall Street Warrior Timothy Sykes for another StockWatch: Between the Bells segment! In this edition, the author of An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund cautions you to revise your strategy for the developing bear market. "It is not the time to be aggressive, it is the time to be conservative," says Tim.

How about challenging Google (NASDAQ: GOOG) -- is that not aggressive enough for you? Tim says the internet Goliath is due for a fall since gaining more than $200 in the last two months -- consider shorting GOOG. Tim says Yahoo! (NASDAQ: YHOO) looks shaky as well.

Bear market aside, there are still shares out there that Tim feels are worth a look:
  • DirectTV (NYSE: DTV), currently trading at an all-time high
  • Synaptics (NASDAQ: SYNA), which makes touch screen technology for mobile devices and laptops
And if you haven't already, check out EMC (NYSE: EMC) virtualization spinoff VMware (NASDAQ: VMW), which Tim says could revolutionize the server market. After doubling in the 2 1/2 months since its IPO, VMW has retreated from its $125.25 high, making it an attractive buy.

Want more StockWatch? Queue up Tim Sykes' first StockWatch appearance, or check out these recent interviews:

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Last updated: December 02, 2008: 02:25 PM

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