Hello Troops: I said Naz 4350 for near term sometime ago. We might make it after all, and then some. Ain't it cool. VIX low, however, so hold on. Keep fingers crossed. Come on bulls.
Reports are that there is still lots of cash sitting on sidelines. May not have as big a pullback in Aug/Sept as many thought.
I like this scenario.....
SDLI blows out numbers Thursday, JDSU goes up.
ETEK blows out numbers next Monday, JDSU goes up.
JDSU blows out numbers Wed next week, JDSU goes up.
RR does "RR Hammer" relentless for hours running through the house, calculator in hand, yelling "look how much money we made," and wife and kids confirm Dad is nuts.
Yes, I like that scenario!
QCOM... no. Not me. Seems the boards are full of chatter from supposedly in the know folks that big news will break any day. Maybe Tues. Who knows. As much as I would like to see it run, I am not getting in it. I think it may get a bump on some very significant news but then it will have to prove itself for 2-3 quarters. Further, I am not convinced it will beat earnings Wed, or if it does, not blowout. Hope I'm wrong, but my money stays elsewhere.
Stay with the quality techs. Study. Pick your entry. Make the market come to you. Be aggressive but have patience. Be smart and darn it, have the guts to hit the button and execute! Now let's make some money.
Good luck!
RR |
