Bosco, I actually added to my position in VECO when it dipped under 22. Despite the massacre of the last six days, the stock I chose to ride for this rally are not doing too bad, LRCX got stopped out for a minor loss and the rest are doing fine. I rec'd a group of some PC's (DELL, CPQ and GTW all above the rec point), netwrokers (CSCO, ASND and CCRD the same), and Semi equip (LRCX (DEAD), AMAT, VECO and CYMI doing fine). The few I "bashed" recently, IELSF and HEC are with floorless and thus in the penalty box. In the next two three weeks I'll start unloading and move to high grounds. I have some SIII but it is already slated for sale. Yesterday a bought back covered calls on MRK and am looking for an opportunity to lay out the Octobers. So you can see, my stance is quite "bullish", but here come the rushing freight train (G).
Zeev |
