I don't look at the SOX at all. I normally look at the nasdaq. But lately it seems the bio-tech sector is having a large influence. So, I'll have to switch to the SOX instead.
I think the b2b number is excellent. But like nearly every one else, I think AMAT, KLAC, NVLS, etc.... already reflect a lot of good news.
I prefer to buy into the customers of the equipment vendors. On the theory that they will see any pick up in demand first. So their Q reports will show the sequential improve,ent before the equip vendors.
My favorites are ALtera, LSI (unfortunately), Intel, XLNX, NSM, and TXN. I think these are very well leveraged when their capacity utilization increases. And their margins are quite high.
My largest holding is Western Digital, which I would not recommend to anyone. It is great for trading, but very treacherous.
I also have the usual assortment of losers. Like ADCT, JDSU, ITWO, EMC, and Oracle. Though I think their day will eventually come, too.
I very much agree with one thing you said. Which is that some stocks will do well, but that a whole bunch of others will go bk. Just because a stock is down is no reason to buy it. I think there is no substitute for being very familiar with the business of the company. Which is very hard and very time consuming to do.
Good luck to all of us. Even the shorts.
Sarmad |
