Well, that would not be fair to the readers that have not seen today's issue of RadarView<GGG>.
But, seriously, we have been letting LLT (Lower Limit Triggers) create exits. We are sitting on a pile of cash reserves to chase bargains as they continue to pop up.
Right now, we are very close to a decision point on the top tier equipment stocks and are close to making a move on some of the litho stocks like CYMI and ASML, along with standards like KLAC and NVLS.
However, we have a new group of stocks that have yet to kick into gear like much of this sector did last year. We are picking away at numerous stocks under $20 that might present us with 100%-150% returns this year.
We are also looking for some nice entries into both PLAB and DPMI again (and again).
We are branching out into netwroking, datacome and telecom stocks, just to name a few. So, without offending anyone, we are really in a wait and see mode. We have been cautious for the past few weeks and allowed the market pullback to create exits and new buying opportunities. We raised the LLTs on many stocks over the past few weeks and the exits that were created produced 25% to over 100% profits since the end of December in that stocks we exited.
So, the best I can do is to offer you the opportunity to see what we are looking at by sending me your email address to avance@Radarview.com to send you a few issues. I am not trying to be evasive but we went to the sidelines with more than 6 stocks on Friday alone. Therefore, we have dollars burning a hole in our pockets and we are watching for the right moment on more than 15 stocks. We are balancing this with our view that we might see more of these pullbacks over the next 2 months.
Andrew |
