Chuzz:
Getting ready for the Big Kahuna
I agree everyone should have a plan if Dell and the market continues down
My plan looks like this:
Dell goes <100 Buy Dell, sell zap, cool, mrk, rcl
Dell goes < 90 : Buy Dell, sell lu, msft, csco, cpq.
Dell goes to 80 Wait
Dell goes to 72 Start selling Dell
Dell goes to 68 Finish selling Dell, Buy C/d's with the capital and the 6 figures profits on Dell
Dell goes <50
By this time Cpq will be $4, msft $25, Lu $10, gas will be $.49 /gal and Mc Donalds burgers $0.29
Mexico would get back part of Texas and all of S. California
Cubans would own Disney World and Ross Perot would be President
But it could happen !!!!
Following the bears philosophy 'what goes up must come down ',
then what goes down must come up.
So when the market turns I would buy 10,000 Cpq at $4,
1000 each of csco,lu, msft, mrk, at an average of $17/sh
As Dell moves back up to 50,60,70, etc I would cash in the CD's, mortgage the house, use cash advance on all credit cards, and use full margin to buy Dell at $10 increments on the way up to
$250/sh.
Whadda ya think? Think it will work?????
Sig
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