Squared, there's nothing wrong with our economy. The threat of inflation is not enough to rock the apple cart. Internet stocks haven't run out of gas just yet. People will have to be more selective about where they put their money. .com doesn't =$$$$$ anymore and that's a good thing.
With few exceptions, I don't play momemtum stocks. I like to find opportunities that are staring everyone in the face. I've been successful lately with LAF, RSC, APCO, COO, and ATEN (YYYYYYYYYYEEEEEEEEEEEEHHHHHHHHHHHHHHHHHHHHAAAAAAAAAAAAA!!!!!!!!)
All of these companies told anyone looking over their fundamentals that their stocks were going to rise.
Of late I've been finding that the market has ONCE AGAIN become aware of fundamentals and has rewarded investors doing their homework. You won't find the strong move in gypsum stocks (due to the recent shortage of wallboard) in the headlines. The strenght in water related industries, wireless companies, infrastucture companies, biz jets manufacturers, eye laser surgery stocks, natural gas sector or in the small domestic manufacturing companies are other great sectors to find good stocks in which to invest (go long) in.
All of these plays are not grabbing the headlines, but there are fundamentals at play. There's too many opportunities out there right now for the market to turn sour. Yes, there are some sectors that have run ahead of themselves, but the market is finding new leadership and will continue to offer great opportunities on the long side. Of course there will always be stocks that are good short candidates also. Good luck to you in your trades, Squared.
AS |