Good evening RANDE IS. I will need to help my better half get the rest of the house cleaned up later tonight since we have the firm (my work)Christmas Party tomorrow night. My wife puts me up to this so that the house gets cleaned up. This has been ongoing with cooking, cleaning, etc. for several weeks. Anyway, I wish you, your wife, and your family a Merry Christmas!
I wanted to update you on my portfolio. From 175 k at the start of January of this year, I am now at over 598 k. This week has been a struggle to try to get over 600. Of course the market doesn't care about that.
I sold off my remaining shares of AOL, CNET, YHOO, AMZN, EXDS, and RNWK near the end of late last week :( So, I would have been higher. I have 20% in cash and keep hoping for a short term correction to put this money back into the market.
Looking at the market there is some fear and a heck of a lot of greed, greed, and more greed. Maybe I am part of it! The money is too easy to be made by some and my sense of mania is such that I do not want to be caught in a down draft.
I am currently in software, b2b, broadband, wireless, networking related, computer/storage, semis, fiber optics, fiber carriers, and internet incubator stocks. In studying all of this, I am finding that I really like the looks of ITWO and NTAP. I think they have a high reward and lower risk than some of the other stocks I am in or that I have on my watch list. Any thoughts on these two?
Be good to yourself.
Best regards,
Bob Martin |
