Hi Ice, re: confusion
<...But I don't understand the market right now.
AMAT jumped 13 points in the past few days. Missed
that one. IOM's going nowhere fast. AAPL's been up
and down. So has INTC. SUNW is up, and MSFT is down.
So is HMTT. I just don't get it. So I'm still on the
sidelines for now. Too weird for me...>
There are about 7500 issues on the combined markets.
Referring to our individual experiences, I would suggest
that one doesn't have to be in computer stocks if
one had significant experience with other markets. As an
example, what firms are just kicking butt in the bio-med
field based on applications toward dental technology,
radiology advances or real, sustainable medical advances?
There are some successful investors who use TA as their
primary tool. Speaking for myself only, I would prefer
to use my own experience as the primary tool, because that
gives me a head start on selecting stocks which are worth
my time considering. Then, TA would be a great way to
calculate the in and out points.
As much as I hate where I think the market is headed, I
believe on any day one can find stocks that are
under-valued or headed towards an uptrend. Use your
experience to find them, use TA to get into them. My
gloomy thoughts on the market don't keep me from being
in it -- as long as I carefully choose companies that
are completely on top of their competition. I only know
that because I know the products well enough from my
experience. You're probably doing this anyway, but I just
don't see how one can go wrong with being in the market.
Especially if one knows their companies very well.
Tip: ADPT in the low 40s. Watch what happens in November.
(Despite the fact, of course, that the market is going
to crash-'n-burn, we're all going to die, and life is
nothing more than birth, school, work, death...but that's
just me being optimistic) <GG>
-MrB |
