Mano, *OT*
I have a sense that we may see a cooling off period of 6-8 months, possibly driven by concerted G-7 actions that feature some concessions to capital controls coupled with significant bank refinance and reform in the troubled emerging markets.
I expect our opportunities lie in careful selection of near term trading vehicles. Frankly I am nearly 84% cash, unwilling to commit more to a game I never really tried to play before this year. I have always bought thinking on a longer term. However, as it turns out, the segments I think I understand best lend themselves to a shorter term view. These are semi equipment, disk drive, semi conductor, and computer stocks. Further confession: the worst call I made since I re-thought my strategies at the beginning of this year, was to pick off Seagate at 28, though I followed to average down and am now well on this stock.
I'd be interested in any thoughts you have on this strategy and any candidates if you share the notion.
Best,
Stitch |
