promised to follow-up my posts 12/26, 12/31: among given depressed Techs, tecnical-chart-wise: WDC, up from 15 to 20+ recently, AAPL had huge, rare, quick rise 13 to 19 (rec'd. sold), ANET 7+ to 9+ so far, ISSI. 7+ to 9+ so far (sold part), RATL 9+ to 12+ (rec'd. sold), EFII. 14 to 18 early, 15+ now, KLIC 17 to 21 to 17, SPCT 17+ to 19+ so far, and, QSII., UTR, IPEC, CS, CYMI., all still near buyable areas, with close stops....and added GEMS, AMD, APM, recently near low....in the "depr. tech." groups area....
"PSYCLE sm" lesson: one must buy, near lows only, when the masses are scared, in bases where possible....WDC and the others, still constructive, allowing for normal pullbacks....but it/they better not break recent lows....and this whole group still interesting, while the masses remain scared, PSY-chologically....which is where the best reward/risk ratios historically lie....best wishes to all, I will update again when necessary.... |
