Dennis, re macro market...I'm strictly naz and my indicator of choice right now is the VIX. I'm just waiting for it to hit 30 again (hmmm, almost there now), and then I'm doing some serious buying. It's just such a momentum oriented market these days, one has to find the trend more than ever. So here we have strong financials today, chips are down, blah, blah, blah. Hey, I'm just keeping it simple these days. In fact, my account is so simple, I'm accumulating MSFT. Almost feels contrarian. A value play. LOL! In other words, I have given up trying to label the market. Go figure - look at CNXT. Whew! (Maybe that's the one the carpetbaggers should have been shorting Friday...)
RFMD really breaking out. Pretty hard picking a bottom here, isn't it? |