<<. I'm playing the rally like a good "don't bet against the herd mentality" trader, but man am I cautious.>>>
Right on. I'm keeping the Dell, holding the Intc and Csco for only for a matter of days (they are calls)since those stocks are in the traders "lock-box" channel until money flow into the market improves.
My assumption here is that a good Dell report Thursday will be good for Intc.
I am even trading part of my buy-and-hold stocks, as they seem to shuffle up and down 2 or $3 . After I sell I place a buy order at about $2 less, which has worked out fairly well. Has worked with tsco, igt, tma, fic, agi, jnpr, and a few others.
It forces me to sell, which is good as I no longer consider money in equities to be "cash". Should remove some profits.
I still run a bit too much on the bull side, but there are times like the last few weeks when real bullish bets can be made, as I think investors have been a bit too cautious
I never was a good bear at all.(g).
This action in Dell is more than expected, perhaps a rumor on the Street, an investment by the Company, whatever ......... Who knows ?
Regards
Sig |
