You have done quite well from you message. Yes, we have good and bad positions, for me I sold LSI and AWRE too soon, took the double and left the triple on the table. Partly due to some negative positions that vexed me I decided that I could not learn to avoid these unless, and this is my approach, I buy after the crash. Where the trick comes in in selecting the diamonds in the rubble, which is where I am at today. Enough capital to do what I need to do if placed correctly, wisely is not the right term. Right now the walk away solid positions that I hold are: CS, PAIR, and NSM, all undervalued and in transitions that, if successful, will provide good gains, and if hoo humm, my money will still be whole or nearly so. There are plenty of higher risk situations like ASDV and AXNT to chose from that fit my profile. Considering a market correction these type of selections come back, as did RDRT, LSI, AWRE and some others that I held going into the October correction. I learned from that experience that one must constantly re-evaluate and take profits when they are offered at reasonable levels, and this seems to work on average. I also find that I cannot evaluate a stock unless I have a position, I mean to determine whether it is a keeper meeting the above conditions and so find myself position trading, this worked well on SIPX @9, and CATP @ 10. I tend to unwind my positions taking profits and re-evaluate constantly, currently I am in SIPX for a hold, but am unsure whether this stock fits my 'crash' profile, although it could if they make reasonable earnings and can grow their revenue stream without being pressed by the bigger chip companies. I would like to know about there products. If I get nervous about the market I will retreat into several key positions and move out of the software sector into the chips, I'm a silicon man at heart, the future holds three sectors at the core, networking, silicon, and internet, which is why I hold NSM, CS and PAIR as core holdings. The software sector is missing the numbers across the board and in a good economy without a 'crash' these companies that are in trasistions are potential bargains. That said, I only invest in technology for two reasons: that is the future, and while I do not follow the debth of the complexity, I do understand the investment analysis and therefore can hold the risk while working on my car, consulting, or whatever. There is no other sector that appeals to me, other than $s. The best investment in the world is the dollar, the next best of best is technology only because of the potential for 30 40% growth in $.
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