I dont sense any big dips waiting. 2350 NAS is in sight, Maybe by end of Nov? Hard to tell which segment profits most, but techs should be high on the list. Drug companies always have lots of news, and promises, and stocks may be already cranked a bit high. Perhaps investors are done selling the yhoo,qcom,intc, and those stocks they paid too much for long ago and waited to dump and get money back. They seem to have broken thru to the upside. I think we are looking at the stocks with most potential here, specialties, smaller caps, Hott, Ann, Shrp, chips, , wireless phones, LCD's, perhaps Best Buy and Costco, etc. Some drugs like Brli and Bdy seem to be getting bounced around due to government investigation of price fixing. Are they guilty?-of course, but probably not much comes of it. Overall, I think the sellers of technology are in a better position than builders of technology as there is always price pressure on suppliers. Dell is one example. Msft would be unique, being builder and suppier, and Intc has a lock on their market also. Cars, tobacco,oils, metals, utilities, bankers,aircraft are of no interest to me as investments. I mostly just try to follow the money ,grab a short ride , and jump off the train before it runs out of fuel. Sig biz.yahoo.com |