I still like Tech. Have QCOM, QQQ, NTAP, YHOO, CNET, JDSU, SEBL, SUNW, MSFT, GMST, ITWO, GE, and several Mutuals. They are in IRAs and taxable accounts. It seems many think the Optics will be building out some more in next year or two, otherwise I'd dump JDSU. I'll keep it for now cause I don't need the tax loss. I'd dump SUNW but for what I'd get there wouldn't be enough to buy anything I really want. At this moment I think Tech has corrected and will be climbing. I have little intention of selling anything presently and actually am looking to buy. Unless there is a major "event" inside the US or to a major US asset, I don't see the market retreating from these levels until the election is decided. There are many stocks I'd like to buy but not enough cash to obtain a large enough position to be satisfied. I am hoping QCOM announces a split later this month but don't think they will (hope I'm wrong). QCOM is, IMO, my strongest holding and is not over valued according to Money Mag (June issue I think). Not that I trust the "experts" but am pleased with Q's growth in asia and what appears to be a window opening wider in France with the CDMA/variant technology.
Must leave for work,
TRIO |
