Good morning, Angel
Coffee today. What a coincidence! Many of the non-tech stocks you like are the ones that I've traded/invested in ... ESOL, AMGN, CHIR, OXHP, ect.
As for shorting puts on my combos for the networkers, May or beyond looks good. First quarter earnings reports will be pivotal and won't come out until April, CSCO the networking bellweather to come out in May. When the reports show what's in store for the future, short puts at a higher strike yet again ... and momentum will be back at that point.
Regarding the gallium-arsenide semis, they are a way of playing both the semis and the wireless sector. TQNT is playing catch up with VTSS and ANAD but will soon correct. VTSS and ANAD are now correcting with the market ... ANAD looks better for the rebound. VTSS is a Cabot pick, and Cabot and his cult gets on my nerves.
The semis you mentioned should do fine mid-term ... they were among my picks in my January post as ones that have more remaining upside potential than other semis.
On DDIM ... I watched it trade on Friday. Even if mm's can't read a chart worth squat, I think the stock will drop below the 46-47 area where resistance should have been before taking off. The split is not payable until Mar 20 and alot can happen in 2 1/2 weeks. As for the shorts on the DDIM thread, can't figure out why they don't wait until after the split. Am I missing something?
Let's talk about inflation and gold and wireless another time. Market is opening. Take care.
PS: Angel, man I ask you ... are you a he or she? |
