PDL, IMO, the stir about sector rotation is all a charade to generate trading commissions. After all, how does a brokerage firm make its money? They advise you to rotate out of one sector, get the commission on the trade, and get to cheat you on the execution, whenever possible. Then you rotate into their recommended sector, pay a commission to get in, and are cheated on the execution because of "fast market" conditions.
My position on CMGI hasn't changed. Neither has the market's. It's the best 3 - 5 year bet on the market today. Sit tight, travel,learn to play a musical instrument, go on vacation, enjoy the kids, and then look at your stock in three years. Hello....
Best regards,
Mark A. Peterson |
