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Strategies & Market Trends : Making Money is Main Objective

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To: Softechie who started this subject8/30/2001 2:48:13 PM
From: James1000  Read Replies (1) of 2155
 
Revised portfolio for a market meltdown:
As predicted, the market is making great progress to its actual value. I will repeat for the third time in about three months that their is no chance for the stock indexes to be up by the end of October. I now have an extremely large short position in Micron and Intel. Together these stocks make up about 35% of my portfolio.

Here is the complete list:
Short:
CGNX(industrial equip)
CMLS(radio)
CHTR(broadband)
CVC(broadband)
IFX(semiconductor)
INTC(semiconductor)
LAMR(advertising)

Although all these stocks have taken huge hits lately except for Intel who hasn't taken a hit "lately", but they all could be cut in half today and have plenty room to go down.

LONG:
AVNT(software)
HGMCY(gold)
MDCI(medical)
VLO(gasoline)
AH(security)
ASCA(casino)
SRZ(medical)
STW(agricultural tobacco)
CCEL(medical)

These long picks are highly volatile but overall are holding steady in value despite a heavy decline in the market overall.
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