Ian....Some good additions to the boiling pot... thanks. It's interesting that the Fed could be considered responsible for some of both the buying and the selling. They are pumping in so much liquidity into the economy, that some of it just about has to slosh over into the markets. But then they make few bones about the upward direction of interest rates-- perhaps causing a bit of overhang on the market.
So here we are with all those cross currents you have noted, and the Fed pushing things both directions.....makes a person wonder how to make a buck, no?
I'm a bit partial to DPMI, historically, so that's one choice:
siliconinvestor.com
I just picked up some ETEC and TXCC (again), and I'm riding a very long, long-term LTXX position, hopefully for still further gains... But otherwise, I'm letting a lot of cash sit. So my accounts are just as confused as the cross-currents we've been examining.
In a general sense, I think there may also be opportunities overseas, in my favorite small/mid-caps, more of the telecoms, and maybe even a couple of airlines. So the cash isn't going to sit long..
How about your plans, IAN?
tso |
