Gorilla Gaming doesn't depend on short term market sentiment.
Hey Frank, setting on a stack of cash in these market makes me think like a "mo-mo" speculator! :0)
When I look at the "GG" and "GG wait" indexes right now, it is a red board except for Q and Sandisk, so I am very glad I held 1/2 of my Q. It is the China negotiation announcement, of course, that is holding Q up.
I look on Sandisk as a King that will be rapidly commoditized. Flash memory has got to come down a lot to really take off, and I am sure that it will.
One other big player we are all looking at, EXDS, still scares me. When you run a comparative 100-week chart of it next to 5 or 6 other companies our board, except for Q, it goes off the top of the chart, and it is not making money!
I am going to keep assessing the techs, and start investing again the end of the week, I think, after the Fed announces the int. rate, and we get a market reaction. IMO, a 1/4 point will be a sign to move up, a 1/2 will cause a move down for a day or two, and then up. (Wish I were Guru enough to know if this was going to be the outcome, instead of it being a WAG.) |
