LT, there you go thinking again! To make money in this market, DO NOT THINK! Use no logic, have no conscience. Do not take a profit, and above all, forget fundamentals and all concepts of value and earnings.
That said, and paying no attention to P/E's, market overextention, and crumbling world economies, buy only DELL, MSFT, INTC, CSCO, AOL, EBAY,
NVLS.
Above all, do not touch the oil service sector. The world's energy use is decreasing. No oil well maintenance will ever be needed in the future. No existing oil rigs will ever be repaired, and of course no new oil rigs will ever be built. The oil patch stocks are all headed eventually to zero. Even though OSX stocks remain very profitable in this low oil price environment, we all know that oil is eventually going to $2 a barrel, or it may be that a year's worth of gas will be given away with any new ISP sign up.
Let's review: Ignore value, invest only in computer related stock, whenever asked about what some might think are crazy P/E's be sure to just say " Liquidity!". Also, no profit taking, and above all no sector rotation, because computers are the future of the world, nothing else matters.
There now, go and sin no more.
Mark |
