Ian, I think that CYMI will do fine in general. The SOX took some breather today, but during the day we had a NYSE tick of -1100, something that mind you, happens near bottoms not top. That whole rally from the December low was characterized by lack of optimism, in that I have not seen one day when the tick actually went above +1000. Very strange, but it tells me that this rally still has legs. I'll start worrying more than my usual worry once the tick gets overly positive
***OT***
Ian, by the way, if you are looking for an Internet play without the gut wrenching pains of finding a PSR or a PE, look at PROG, (we have a thread), even after its breakout today, it is still trading at a PSR of .33 of 12998 sales, and IMHO a PSR of .25 of next years sales. Hey, it is even profitable. |
