Doc,
I heard him say that, and it piqued my interest, and hence my comments, which I think was my distillation of his and others. I think it's good for smaller investors, but I know many on Wall Street lose their advantage, and they have to make it up.
I bought some EXAR, sold it. Will rebuy lower (but it's currently higher).
TXCC will cover it's gap, and move higher, IMHO. Watch that, too.
This is ONE CRAZY WEEK. Don't remember such vicious selective selling day after day. In March-May, it was all down, for everything.
Just for information of many, Fidelity just opened 2 new Select funds. What a cheap way to play WIRELESS (FCCGQ) and Network & Infrastructure (FCCFQ). About $10/share (it's a loaded fund). IF you use previously loaded money, you don't re-pay the load (FYI).
I just bought some. To me, a no brainer to have Fido do the heavy lifting in these segments, and with my selective stock picks as well.
STeve |
