<It's interesting that the NASDAQ biggies (INTC, MSFT, CSCO, DELL) are all not doing too bad, with MSFT and DELL hitting 52-wk highs earlier this week. Some bear market...>
MSFT DID NOT make the 52 wks high this week. MSFT's all time high was achieved after the earning report last quarter, because that was the time I increased my position in MSFT. Although I like to see the DOJ ram it up MSFT's ass in its anti-trust law suit, making good investment != following good morality. Sad but true, I have never lost money on MSFT because I know they would continously make all time high, it's just a matter of time. Same with DELL. I've got burnt couple times by INTC, and I haven't held CSCO long enough to make any conclusion. But I DO have MSFT, DELL, INTC, CSCO and SUNW right now and they are all making money for me. I have learned only to go with the lead dogs in the field, I tried the second-tiers: AMD, LSI, IDTI, SGI before, and they never made one penny for me. So even NASDAQ and DOW were down this year, I followed this strategy and my stocks are up about 30% this year. |
