``There is a six to eight month lag for interest rate cuts to take effect. I'm getting a bit more optimistic. My major concern is no longer for the U.S., ironically. I think things might start to recover in summer.
``Perhaps in summer, it will be time to be a bit more aggressive in terms of buying. Some of the riskier names might start to look appealing again, perhaps in the telecom equipment sector and in the chipmakers.
``With both these sectors I would start with the big names though, like Lucent, Nortel, Intel and Micron.
bloomberg.com
My holdings after the last 10 days of agressive buy stand
NT, KPN, JDSU, TLAB, ALA, PALM, ERICY, INTC, ASML....
PS Out of Oil totally, except VLV :)...my cash holding now :)and bought GLM today...could not resist awesome buy
Good Luck |
