Re: Sweating to the Semis, aka Deal a Steal
I read the 3COM press release that mentioned Adaptec as a stock that could similarly be affected. Thank you, thank you, thank you-- I snuck in at 35 3/4 and it closed at 37 3/4. Next stop, 39 1/2 tomorrow; 41 by the end of the week-- guaranteed.
UTEK, well, I margined it-- didn't dare sell yesterday. As ususual, it stayed down all day until the last few minutes and then hit 26.
How about this for a "conservative" strategy: put 50K in the semis, and just try to get a 5-10% return each week. Without compounding the gain, this works out to $2500-5000/week x 50 weeks = $125,000 - $250,000 for the year. I see by charting your stocks that you get 15-20% return per week, so I think 5-10% is within my reach. Of course, this does not include the ALYD type stuff I buy with my IRA money.
Frankly, it boggles my mind to think about the numbers when you consider the size of YOUR portfolio-- all I can say is thank you for making ME money. I bet if you, Kevin, Patrick, and p Webster offered a one-day seminar, you'd all make a killing.
Time for dinner.
- Jeff
P.S. Personal to Kevin (figure it out) |
