Hey LTD Dudes and Dudettes (I guess that's Shelia by herself!)
I'm sorry I haven't had the opportunity to post in the last few days -- unfortunately that damn day job has somehow got in the way!
I've not had a chance to look at stocks, but will work this weekend (even giving up mowing the grass for you folks!) to get my netbuds some good shorts or maybe even longs. The idea is to MAKE MONEY and who cares which way.
I will say that all this hype over the techs, particularly the semi's and the DDs is calculated and orchestrated. The pricing pressure on these companies is intense and not likely to improve soon. For example, I think MU will trade in the 20's but the problem is I don't really know when. That said - don't fight the tape (which is what I did with the drillers until I got the religion!)
In my trading account only three longs: Repligen, AIPN, and BEARX.
In my short account: WIT (great), KMB (great), PPG (good), SCTR (finally!), ALLC (ugh), ZONA(extra finally!!), ICOS (extra ugh).
The internuts were up big today and represent (to me anyway) the best trading opportunity out there.
Good look all -- some ideas on Sunday |
