Wayne. Lu not on my list. Don't follow it.
Anything I would do here would be for a trade only. LU in my opinion over the long haul probably will not survive. I may take some profits today, already. I'm long EBAY, BRCM, VTSS, TRKN, REMC, ZRAN, ADCT, OAKT. VTSS is the one I think could do the best for me. ZRAN is my best at present, caught a falling knife at the bottom.
Missed CIEN, regrettfully, an LU type that I'm high on.
I think GW's speech backfired and really helped the big sell-off yesterday. An obvious fox in the henhouse situation and folks are getting real cynical. Any negative news now drives, but that should taper off here I think. As you can see with all the volatility the whole she bang is very unpredictable here.
Still looks to me like it holds about here, especially tech, and we have a little rally. Maybe we get another retest first, or a good spurt and a retest. Tech comps this qtr from what I can see are going to surprise and we're already seeing signs of that. But maybe the market is looking well beyond that, already.
I'm just playing for some extra coin here. I want the damn gold indices to come down a bunch, so I can accumulate again. But they don't want seem to want to do that. This situation just takes patience, patience and more patience.
iso's gassers slowly coming down as well. |