Paul:
Do you have any thoughts on diversification as you get back in to the market? You seemed to have a good mix, including Boeing, Dell and Spaz.
For example, what are some stocks you are looking at?
And the entire tech sector just crashed in sync, so it apprears
unwise to hold apm, wdc, seg, jbil,txn,msft,etc. all at the same time. ( Phg seemed to come thru are good as any.)
However, the techs are where the real growth is so should hold
some of them.
I was much happier when holding some banks and tool companies,
like Bcom(who now splits again),hd, itw, noc,glw, etc, but have been out of those because they did the job expected and I sold them.
I was impressed with the discussion on TV by a fund manager on the subject of diversification being far more important than the actual
stock selection.
IMO the market will now be more erratic for a time than it was
a while ago, although mostly on the up-side.
Do you think asmlf is going back to its + or - 10 point action again? I suspect it will, and have considered myself very lucky
to have gone to the far-out calls which are still (somewhat)
alive.
Henceforth , when dealing with calls, I plan to sell 1/2 to
pay for all as soon as they are (hopefully) up in price.
Regards, Sig |
