Dear O.J.,
actually I stayed in Boca - I really liked Florida, believe me. I could even think about coming to the US for a longer period of time - climate is nice, the people quite friendly - and You think You live in the "powerhouse of the world" when You are there. I planned to come again in summer, just to "enjoy" the hot weather in summer, too.
No joke - in Europe - I really love the mediterranean climate - in middle-Italy, Spain & France I really like it best - however I live in Austria - perhaps I'm looking for what I'm missing right here <G>.
this thread seems to be constantly forwarding new investment picks. This is great & refreshing.
My TA abilities will be back on track next week. In the meantime I'm doing group analysis and FA.
Markets are really crazy, but I think the NAZ still has room to grow, I believe to the 2100-2250 level before the next correction should set in. Inflation fears are here again. To me, this means that retailers should be a good pick. Regarding techs, I currently feel that the DD is ripe for some positive surprises. My favourites are WDC & RDRT. I would avoid IOM - they got a formidable contender (SYQT) which is even superior technically.
The group I'm currently watching for BIG MOVES are the wireless/telco-RF suppliers. You know, companies like ANAD, RFMD, SPCT, PWAV, MPDI. The market seems to be very shortsighted because it is expected to grow big-time til 2005. This should provide some decent opportunities.
Also I noticed You shorted semi-eqips. Even KLIC that You liked so much. Do You think their slump will continue ? I was surprised about the real value there: PSR of 1 for companies like LRCX, SVGI, ASMIF. Even CYMI at decent entry-levels. Do You see them building a base or getting hurt more ??
best wishes
CROSSY |
