BOB MARTIN USA: We're on the same wavelength. I just loaded up before the market close. Bought: ARBA, CTXS, CIEN, SEBL, SDLI, TQNT, VRTS. I avoided the biotech stocks although they are compelling buys. I still want to wait until there is one solid "up" day for the entire sector. If I miss the precise biotech bottom, that's OK. Once they rebound, there will be ample opportunity to buy back into this sector. Other stocks that look like nice buys in here are: ANAD, NEWP, TERN, VIGN.
This is pretty much the way I thought the market would play out. Although there may be additional weakness at the open tomorrow, I believe it will be short-lived. I think the NASDAQ will start to climb back over 5000 over the next 3 weeks going into April 15. |
