<<Which stocks would you buy if any in such a bump up?Z>>
I buy the dips (and only the big ones), not the "bump ups". This counts as a big dip. With the Nas almost at 1600, we are at the bottom end of where I thought this intermediate-term low would go. I haven't changed my opinion, or my stance. I think this dip ends soon, and, sometime in 2002, we go on to set a new intermediate-term high, above the 1/02 high (above 2100, that is). I don't think we retest the 9/01 lows (barring another WTC). Shorter-term than that, I have no opinion (actually, I have lots of opinions, but no confidence in them).
I used up the last of my cash this week, and started using margin. Now on about 7% margin. I have cancelled all buys except for AMAT. I actually expected to be on more margin at Nas 1600, but I held off, expecting to start buying AMAT, and it has held up very well (relatively speaking), so I haven't got any yet. AMAT is at 22 as the Nas approaches 1600. I'm trying to decide whether to start buying at 22 or 21. |
