mark:
<"...with the bargains that are starting to appear...">.
IMO, this "correction" is not close to over, lots more stocks going down then up, more and more stocks hitting 52 week lows, not many highs.....all very similar to mid-summer last year, followed by sept/october....
there are no bargains here...there might be some trading opportunities, but lots of stocks have room to go lower. If i was chasing bargains, and wanted companies that i thought had a great chance of coming back, even if the go down, i'd look at DELL, ORCL, COMS....
you'll make yourself very, very confused (and saddle sore)( and probably worse off) if you keep changing horses....if you bought PAIR as a position play, honor the position unless you have some stop loss arranged....if you have too much of your capital tied up in 1 stock(sounds like not enough diversification because "greed is good"), sell some of your position at a pre-arranged GTC basis, then use that cash for whatever
FWIW
david |
