dennis,
You have a relative with an account with FIDO? That is cool. For the investor that wants an average bang versus price FIDO does a good job, they arent rock bottom cheap but the service is available and they have some great funds!
I totally understand what you mean about predicting a down market, I did the same thing on a very specific stock on this thread a while back.... I was 100% right as the stock has gone no where in that year. People that are in a stock arent interested in any view that isnt positive. I agree with ya that when we got near 10k I was sitting there remembering how the same thing happened when 9k came around, it might take 2 months to get to 10, but we will.. I think the reason we are stalling is the bear camp liking to see the sour faces on CNBC when they cannot cheerlead thinking that they are the reason the market is where it is.
Reconsider DELL dennis, remember last spring when many on here were talking about entry on tech stocks when things looked really bad? I remember Judy mentioning CMGI when it was at 40, and ORCL, SEG etc when all the analysts were talking about dow 6500..
This really reminds me of the same situation. DELL isnt going anywhere, and even if the PE is at 70 (yikes!) the growth rate will outpace the market and that PE is justified. There is no proof that things have slowed for the company. CPQ has warned more than it hasnt, same goes for HWP and others.
There is a fire sale on DELL here, down nearly 50% from its high. Give it a few more days maybe a few weeks, but the time is now to make alot of cash..
Enjoy the vacation! you deserve it!!!
Be careful on AOL, PE is over 500 (I know that PE doesnt matter..lol)I think they may split once more this year, but when the party is over this thing is really going to be hurting. Being in the S&P makes the Co have to be more responsible, think of how long it will take for them to get back to a PE of 100.. years..
best regards... |
