within the context of only putting a modest amount into speculative plays, i am accumulating the following:
bcrx - selling at cash value, small amount of insider buying, flu treatment drug in phase 3 trials
thdo - potential turnaround in the software games industry, owner putting a lot of his personal funds into it to shore up balance sheet
pvn - tiny position, very speculative
airline industry - looking at those with insider buying, mesa, amr
pc makers - bought and sold gtw, looking for reentry point, also looking at cpq.......on the premise that XP operating system will require more computer power
VTA - insurance stock with insider buying
MSFT on weakness (no position yet)
GE on weakness (no position yet) - great conference call
in a quandary about current qqq position - ie when to sell
potential shorts (no position yet) - all stocks that have unfilled gaps well below current levels - the anti-terror stocks fit this theme - remind me of the charts of internet stocks - they may or may not run further, but ultimately the gaps are filled.
overall thoughts on market - very short term up, but some of the better timers (nbr interviews with jimerson and liebovit) say that after current run peaks, the market will establish new lows in 2002.....this fits with premise of market ultimately going back to a reasonable p/e.....so cash conservation is important |
