I'll be getting back in in a couple of weeks. I getting scared of playing semiconductors. Right now, I'm big into communication/networkers, which offer the best fundamentals, and price appriciation.
Usually, when the techs take a beating, the semis fall the hardest, and take the longest to recover. The communication stocks fall as well, but they seem to snap-back very quickly, as evidenced by the fact that most are at or near all-time highs.
Also, for a non-tech investment, take a look at Nike (NKE) that stock is going to (it's already started) run up into earnings. I bought some options for it on Monday.
P.S. I also am looking for yet another tech beating starting in late March to early April. As with the last two EPS reporting quarters, there will probably be tons of earnings warnings, thus, another bout of selling. I'll be buying lots of tech stock options at that time. |
