CD: Longs - Got hammered of late. Everything in the red now, but since most of them were recent pick-ups, that is to be expected, I will not time the market with my long positions ...... just add to them on weakness if I can do well with my trading. This weakness just brings more issues into range now butI damaged my trading account on Thur. and Friday ...... because I took a large chunk out for taxes and play money, and then got hit on the last two days of last week.
Still up nearly 100% for the year though, and it is tough to complain about that.
I agree on CSCO, don't know if the time is right yet, but it is getting there. These are the main issues that I am watching for an entry on:
SDLI
VRSN
QCOM
ARBA
RBAK
MSFT
CMRC
ICGE
The time may have come to reduce risk further and to just pick up some good position plays, and stop trading for awhile. I really believe in VRSN, CMRC, ARBA, SDLI and QCOM for the long term, and think VRSN and ARBA represent the best plays ..... but they are still technically over priced. RBAK, when it bounces, could bounce very hard.
Tj |
