it will be overwith soon enough, what the election has done is quicken the pace of the wash out. Look at your screen, I have the following stocks green, JDSU, GLW, QCOM, ORCL if they aren't selling off in this mess, they have bottomed or at least are close too. We finally have the last of the cream of the crop drop like bombs, NTAP, JNPR, SEBL, with ADBE, CPN, EXTR, JNIC holding gains If I was buying anymore today I would be going after the ones that are near unchanged or green. Even RMBS the forth of the forth in a holding pattern. Also, look at ones that have drop alot I will buy NTAP at 85 and JNPR at 160, nothing more then that. Something is going to come out of this mess, they will not fall to zero, they will become more oversold.
Then there is the bio sector IDPH, IMGN. I want to buy back PDLI and PEB, I'm getting a change to do so.
Greg |