Where did the money go? (part2)

As much as I saw the housing crisis, I didn't see the fall of the global financial industry. Now it's looking as if the market is near a bottom (who knows), I like these 4 for 2009.

OPXT - OpNext - technology
ACAT - Arctic Cat - snowmobiles and ATVs
HOV - Hovnanian - homebuilder
HOTT - Hot Topic - clothes, music

All 4 have crazy low valuations. I bought some HOV below $2, and it might go there again. I'm thinking bankruptcy won't happen with HOV, and as mortgage rates are down at 5% for a 30year fixed, buyers should perk up soon. Gas under/near $2 per gallon will make it okay to drive an extra 5-10 minutes to a new home instead of existing. Finally, homebuilders are more willing to slash prices and move inventory than existing homeowners. I see HOV in the $7 to $10 range by summer.

All the three others I have liked, and will like at these valuations. All of the three others have little or no debt and Price/Sales ratios well under 1 (ACAT is under 0.2).

I still like AAPL, GR, RL, PRE and LF, but it's time to put a few new horses in the stable.