To all those that hate this market...............
To those that are expressing so much unhappiness with our current market situation, keep in mind that this kind of market is also offering golden opportunities for large profits in the future.
Cary mentioned JDSU, which is trading at another new low today. I'm not buying it here, but I'm keeping close watch on it and plan on purchasing a reasonable amount when I think it has bottomed out.
Lots of semi stocks are in the same boat. VTSS is scraping near bottom. This is a stock that has a very high beta. When it moves, it can move very far, very fast. This is not the time to buy it , but its day will come. Same with TXCC, which has been totally blasted, but may fall still further. So, its ok to lament the present, but if you have some cash left, do some planning for the future.
Regards,
Knip |
