Berney Berney Berney!
this whole AFTER THE BELL stuff - earnings warnings and trading - not to mention the new "analyst disclosure protocols" -- they've changed the whole nature of F/A and position trading, imho.
another interesting development is these new broker/websites that enable you to buy/sell entire "baskets" of stocks - that you choose - with one transaction+fee: kinda like having your own "synthetic" Exchange Traded Funds trading vehicles.
I sure wish I had used an AMAT+NVLS+KLAC shotgun the other day, rather than shooting a single AMAT bellwether rifle :-/
The way things are going, the only folks who will actually own stocks will be mutual funds {grin} and everybody else will be trading synthetic baskets during the day (^_^)
fwiw, Dude - I didn't think DELL looked all that bad down there, either (or MSFT, for that matter). You know, we've been through this crap (with INTC) coupla times before. Usually after a debacle like this, INTC bounces around 'til year-end, never really getting a sustained UpTrend going - then takes a hit near year-end with tax-loss selling :-/
I know that you will enjoy SPY, DIA, QQQ and the other, sector vehicles. But remember that they (the 'cash' indices) are influenced by AFTER THE BELL junk, too; and intra-day -- these vehicles feel faster than their underlying index - as if driven by the SP__ DJ__ ND__ futures.
yeah man, the only thing more fun than riding an index is riding a leveraged index ;-)
-Steve |
