Oh gosh, daw, if I had a strong idea about the market, I'd be able to commit some money either way, but I just can't right now. My "feeling" is that we're due for weakness into the FOMC meeting, and perhaps after it, depending upon the interest rate hike (whether .25 or .50). After that we're headed into the summer "doldrum" months.
I've got cash on the side and have been buying LEAPs (some DIM, some OTM) on issues like MSFT, QCOM(selling my common to purchase these), SUNW, NTAP, SEBL, and BRCM.
If you're wavering, keep your money in your pocket. How's that for advice? <g> |
