I am buying my Longterm portfolio right now. I have been stocking up on teckies/telecomms SCMR,CSCO,ORCL,SUNW,CORV,LVLT etc.(anyone that thinks fibre is dead is smoking bad drugs)
Update. I am up on ORCL and LVLT, I bailed on SCMR after the quick drop on 28th, I am down on CSCO and CORV. Net-net I am in the minus column...but not enough that I worry.
I hold a number of bios Longterm, DMX,ONC, SYB(ONC involvement),HML,LOR would like some IDB but it seems to have lost its way at the moment. BRA will be next on the list if it starts to move
DMX is holding, ONC/SYB got/will get crucified by a fifth rate brokerage covering with a sell, but this is a bet on the "cure for cancer" so its a place yer bets takes yer chances buy. HML is holding nicely...I am "flat on it. LOR is down, but I will average down on this one I am not in IDB and Bra yet.
So all in all, the colateral damage in my LT acct is minimal...of course it ain't over till April 15th...some say not over till Nas at zero. A freiend is calling for a 900 Naz capitulation. If true the people that will capitulate ar ethe ones that bought at Naz 925 because certainly no one will be left that has lost considerable money by then...LOL
In the meantime I see the thread is struggling to establish who is more "guru-ish" then the other....as they say when one guru falls..theres always another to take his/her place...LOL
the Chief |
