Way to go Ken.
I remember seenig IVIL and wondering what it was. As usual I have found myself doing that many times in this Bull market. Looking at issues, punching them up, looking at charts, looking at fundamentals, making a prediction that they would move higher on the chart and earnings, but then waiting for them to get cheaper before buying.
Never got the chance with most. Now have the chance with a few that have cooled off, but will move higher as the smart money roots them out.
My picks for the next 90 days:
MAST - good fundamentals, oversold
LCOS - downside limited by USAI bid, oversold
MSFT - will make deal with govt. , Gates continues to produce impressive margins in difficult climate, broke out at 88, should build a base here, if anywhere.
HLYW - good fundamentals, CMGI owns 20%, bouncing off of a near term bottom, should move higher
Tuesdays inaction by the Fed, and Fridays bullish unemployment report should increase money inflows during the next few weeks. |
