Hi, Alex. I agree with you. I hate to think that anyone relies too much on what anyone says on line, but some peoples' opinions are obviously more objective and based on some experience as compared to others, which are "rah rah" or trashing something in hopes of serving their own purposes. If we skirt through Dec., then certainly the chances of January having a REAL correction, are pretty good IMO The support of Rsys at 45 seems to be a short term support to me as well. None of us knows for sure what will happen, but even though there was an overreaction Friday, I feel that sometime this month will offer some killer buying opportunities.
I do not own anything at the moment. Maybe I'm chicken-shit, but sometime over the next couple months will offer some bargains on high quality stocks, and maybe I'll try going with some bellweathers like INTC, CSCO, MSFT, CPQ--when they cool off about 30% or so which I fully expect SOMEtime next year! I love momentum plays, but what a lot of stress and work to stay on top of the game, and you had better!! Are you selling short on ANYthing? marie. |
