Yes, I am playing cautiously. . . any gains I make from market advances will be less than before. . . likewise, declines will not hurt as badly. If today holds up throughout the day and volume looks good and A/D line is decent, I may get more aggressive once again.
Also cautious on speculative issues, especially after so many of them tanked hard the Monday after the Day After Thanksgiving last year.
I would now like to hear views on Foreign High-Tech. Europe, Asia, etc. I would like technicians to take a look at these markets for sign of bottoming out. Also identifying Mutual Funds that play specific areas, so we can pick the best package. I am looking at productivity to drive earnings, so these need to be companies that are already shipping product. . . wireless, DVD, foreign broadband, ISP, etc.
Rande Is |