Hello Arnie,,Well,I did it-sold my COMS trading shares,,I can't afford to risk the profit I made..CSCO,MSFT,NOK,,,all looking weak IMO..MSFT is either going to break up or down further,,but I doubt she'll sit still<g>(critical spot here)...Rolled over into the OSX sector,,,FLC,GLBL,and DO....still holding coms in my IRA,,and will hold those shares through the distribution..API #'s were again kick ass,,if your an oil bull..builds were much lower than expected...Higher oil, rising rates--I'm getting nervous<g>...good luck..;*D
(I think natural gas will be the play for the summer,,GE is cranking out turbines,,one of their best performing divisions...)
Will be very interesting to see how AMAT does tomorrow,,great earnings report,2:1 etc...but NOK reported excellent earnings(4:1), as well as CSCO(2:1)..and both are down significantly off their highs ..I saw a trade of 174 after hours on AMAT,,I'll use that as a reference point.. |
