Gene - I am actually trying to trade a lot less, so I'm not looking into much new. (This is why NAS volume is down - I had been averaging 3-5 trades a day.) My favorite bunch of a dozen or so NEW (New Economy Winners) trade somewhat in tandem, tho some, like QCOM and PHCM have more to recover than others, JDSU and CHKP. My basic plan for the next month is to watch them recover.
I did add some SCON and MTCH yesterday.
Among my favorites that are rarely discussed here are: CHKP, TENF, PMCS, MERQ, JNPR and RBAK, tho none, except TENF are really cheap.
Re: TENF, I have been meaning to write a long piece about this, but haven't got around to it. I am actually going on a three week intensive tech training session, a TenFold boot camp, starting tomorrow, and will know a lot more about this product after that.
While we were down, I picked out and added some guys down two-thirds or more: NPSP, HLTH, TENF, PHCM. The leverage these provide is very comforting because I think some will return to new highs.
As we have discussed in the past, a kind of market timing actually seems to be possible. I am already starting to think that if we get back to something like 4500 by July 4th, I may pull way back and stay out till Nov 1.
Tom |
