Hello Sonny,
I watching on CNBC - Europe an interview with a top analyst
with Barclays in London! He believes that voltility will be with us, but once Mr. AG stops trying the world poor, after his own image, then we have one way to go, up! The only
internet stock I have is AOL, and off course, CSCO! In away,
when I need to buy gold, I buy Am. Barricks, I don't buy gold
physically! When I want to buy internet, I buy CSCO! ggg
AOL is the only exception!
I am still waiting to buy CSCO at 71! We are getting there, slowly but surely! Sold IBM at 137 and 138. Have more to sell at 130 and 140, but I am afraid not today!
Sonny, we have talked about this in the past, I still believe that the market has to be approached on long term and on day to day! On my long term, I have done OK, but nothing comparing to day trading! We can't just hold and go to sleep, like a gentleman was suggesting on this thread or someother thread a few years ago! It doesn't work, always; there must be a combination of both.
MSFT is holding and creeping back up. Now that all the brokerages have loaded-up on MSFT at mid-80's, watch out for the stock to go back to 120 by the earning time! After all, what has changed? MSFT still in the court, and MSFT still making money! Why not 120? As for lawyers, they are the same all over, eaters of the dead, and alive!
Kind regards,
Yaacov |
