Rande,
Stick with the leaders now?
I would like to think now is the time to stick with the first tier companies - maybe trading one or two more times in the next month and then holding November and December. However, as you pointed out so keenly once before, we tend to want to buy the stocks that are $20 to $40, because it "seems" that these could double or triple faster than the high fliers that are $150. I would have to say that in my experience, I have made the majority of my gains off the high fliers (LPTH is one major exception).
I would like to know your thoughts on the likes of: AMCC, PMCS, CIEN, JDSU, JNIC, MCDT, and potential high fliers FNSR and LPTH.
I know that most of these companies are in your LT portfolio, but do you think that from the NAZ 3500 these are the companies to own, or do we rotate towards the $20-$40 stock like MOT, AMD, BBY (now), and the telecoms (take your pick)?
I know a more prudent strategy would be to hold both types of stocks, but personally, I feel that this is the time (of year) to make a lot of money and am willing to accept added risk for that potential return.
Thanks for any thoughts.
Paullie
OT - I am happy to hear of the positive developments in your family! |
