Thursday, December 16, 2010

BorgWarner (BWA) is a Stud

Looks like the crowd is catching up on our love affair with auto suppliers - specifically BorgWarner (BWA).  This looks like (CRM) or Netflix (NFLX) at its best.  Massively overbought right now but chugging along without pause in the 'can't lose' market.  As much as I like this group even I am amazed at the 'action' in once boring stocks like this. Every bounce off the 20 day since Jackson Hole Wyoming QE2 has been a bottom....

[Oct 28, 2010: BorgWarner Raises Guidance]
No position


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