"Q-bait".... "margined tech" portfolio ?
"Q" - you're getting pithy here; someone hit a nerve or something ?
... I've got less than a 10% tech position and am only beginning to average in - but; don't anticipate going to more than 20-25% tech untill the OSX shows me it's done and I see no reason to ease up on Gold/Silver right now; so I'm just focusing on that March to April "rally" window.
I've got Gold/Silver/Copper/Alum's; Drillers, Service, PGO, PGO, PGO, PGO, PGO, PGO and 10% tech (VBG)- so I'm okay in tech and "Q" ... I caught the 3500 to 2500 NAZ move short; and I'm just "now" beginning to re-enter long; but not chasing any of the 50% poppers either... CSCO may, or may not tank off of their actual reporting to my gtc order sitting at $26.50; but I hope it does - as I'd love to have a nice LT position there - I pegged NAZ 1850 and $25 CSCO as a level to where I'd make a "BET" in tech and still will - my shopping list includes EMC SUNW INTC BEAS VRTS SEBL PMCS JDSU and maybe RFMD WIND TXN MOT and a few others; none of them are cheap enough yet and haven't hit my buy targets... and I won't chase; so if Tech collapses - which I hope it does; then I'll buy at the re-test of the bottom; only this time with the Fed at my back...
Presently I've got CSCO, holding FDRY from the blow up - up 50% so far, establishing a core LT position in a company that I have heard great things about from some people whose tech savy I greatly respect - ADCT... it's far, far from a pump & dump daytrader stock - far from it.
..how about a stock that ramped right thru the April 2000 Naz-Tech wreck - never missing a beat; no debt, $1 Billion in cash, a 40% return on equity and 20%+ margins at a PE of 13 and it's niche is broadband/dsl/edge of the network; with a who's - who customer list that is very diverse and broadly based globally... "THIS" is a "AAA" Longterm hold and a helluva nice trade as well. I fully expect a LT (2-3 year) triple to a 4-bagger from here.
In tech - CSCO is a LT hold for me; in at $35ish, I'll buy at $26/27 and at $18 if ever seen for a LT hold at a cost basis of $25ish... if I don't catch anything under $30 - I've got a partial LT position at $35 and po, po pitifull me... I didn't buy LU, WCOM and all that shit you loaded up on in Sept & Oct at NAZ 4000-3500; I was short thru 2558 and just now "beginning" to average in long, but no "both feet at once" tech entries for me - I'm stricly an "average in" guy with wide buy gaps into tech. I'm buying co's that I am comfortable with holding LT and averaging into all the way down to NAZ 1850 if need be... but, I'll never be more than 20-25% tech nearterm...
My 'ort to you "Q" is ADCT... not a daytrader, but, rather a very cheap, very strong, very respected, very well positioned LT core tech holding... do the "DD" - literally, a pretty simple, fundamentally & technically supported "must own" play imo... is this the bottom ? hell, it doesn't matter; I'll buy at $10 & $8 if it isn't... as I'm just 10% tech and have money to allocate their on weakness and while I think this rally into contracting fundamentals is a bit much; the commitment of the Fed, the amount of liquidity that they will add and the amount of cash in this market; has convinced me that this recession may be short - but ! - the Fed is creating some "pay me now, or pay me later" ramifications in our system that bodes very, very well for any contra-dollar plays like Gold Stocks !!!
Got ADCT ? ... and "average in" Q - don't max margin it yet... |
