warp,
my read on hays was that he never wanted us to play in the hitech sandbox this time around. i played there and got out at just about the top, on wed. and thurs., thanks to trailing stops, and made a few percent but felt i was just acting contrary to his call as i did this. his sector allocation model doesn't have any bubble-stocks in it.
i am sticking with him. he is, as i read it, calling for the nyse to rise, for value to get a boost, and for this final gasp of the bull to last up to june, but no longer. i am playing it there with him, and in energy, which he extols anyway, for the duration. tech didn't burn my fingers this time; amen. i am leaving the church of the chip a whole man.
i remain quite impressed with his indicators and they way he reads them.
i rolled my tech money into all value-oriented nyse stocks near the close on thurs., and even tho the dow got slammed today i was only down a few bucks. amazed me, really.
am presently: 56% begbx, 22% nyse, 16% energy, 6% cash. (there is also the matter of the extra $32k my broker awarded me at the close; i am guessing it is both an award for being a good joe and his apology for giving me a hard time now and then. maybe i'll get checks from a,j & t, too!)
don |
