Recommendations

Here are some bargains from the current market situation:
QQQQ - Nasdaq ETF
TS - Tenaris (steel tubulars maker for oil industry, trading at excellent discount)
JPM - JP Morgan managed to escaped the sub-prime mess
GE - General Electric trading off bottoms, global growth player with huge order book for jet engines and infrastruture projects. More than half of revenues coming from outside the US

SMH - Semiconductors holders trust ETF, trading at good discount to asset values

Also seeing bargins in the Oilfield service sectors but I refrain from recommeding individual stocks in this sector for obvious reasons. The OIH ETF looks good though