I hope tomorrow is a mini crash. Will oad up on more ultra cheap doubles by early 2000 like BEBE, ANF, IMRS. Some stocks still expensive but I love LU and UIS here for easy 25% pops soon. APLX will zoom bext Linux hype day.
Watching SCH, NITE, CSCO, LLY, WLA, IFMX, PSFT - any lower and they're all great bargains.
Remember last October, the best time to buy of the year.
Of course last October the nets were at their lows. That's not really the case this year. Now its the retailers, financials, software companies.
Key is to buy companies at or near bottoms which have either great stories or earnings which have for some odd reason been pummeled recently. This protects you in the event of further downturns as well as the high-fliers will be punished the most. The already-punished will remain pretty much where they are.
I'm thinking hold until February or so at least. Why sell any of the above. Best to buy, buy, buy while everyone's scared just because tobacco prices are high and many are paranoid of Y2K. Hmmph. Glad I have a little cash left. Will be wiling to margin up to bottom-feed this month. |
