*AV*--it's just a patience thing, nothing more. I have been going to cash in certain areas since the semis have made too much money too fast. Just look at CFMT and how many times this things has yo yo'd from the mid 20s to the mid 30s, the recent monumental run ups on TNCR, AMAT, ASYT, etal. Relative to these stocks, ZE and PRGS have done nothing. No offense meant to these companies but if the funds were elsewhere over the past 3-4 weeks, they would have grown considerably instead of just "stagnating to losing a bit of value".
While I did mention the utilities (for safer haven and some dividends) I should have mentioned stocks like CRUS which I believe have no where to go but up. Everyone is waiting for IOM, CSGI, INTV, FTEL, SYCR, etal. to take off for the moon at some point. I just am getting a little impatient and am looking for greener pastures. All it means is that, while these companies may have good prospects, I believe my own instincts in the market will direct these funds to better places that improve my chances of attaining an improved medium term growth potential. No offense is meant to anyone. My semis have outperformed even my own expectations and as such need to follow my own instinctions instead of waiting for other things to occur that are out of my field of expertise or comfort zone.
Good trading to all on Tuesday. |
