Good advice, Vegas. The REAL trick about these is getting in LOW LOW LOW. . . BDE in the 2's is saving us from worry. . .I don't fret about missing an eighth here or there, as long as I am in for the big gains.
Remember TELT at 2 3/16? Now up over 6. . .
Thinking of dumping ADAP [CMIC], UOLP, NETM, PRLS and CKR on boredom going into the summer months. Also AVID has seen most of the near-term gains. Any leftover ASTN is going to get shorted to nothing. GRIN's movement on Hasbro's success is bringing it back to sell levels. . . Sold RSTO and CDNW into strength. . . .
Sold some TPEGP last week and traded it for some TPEG common. . . more liquid and less controversial.
Regularly SAMming ROSI [next time it gets back in the 6's], our Super SAM [if it comes back to my range], IRSN [only under 1.50], ARTT [under 13.00], and HRBC [under 11] for the small ones. . .
T, WMT, MSFT, HAS, LU, WCOM current long term crop.
Conspicuously missing are the internets. . . .not interested until I see my prices. . . .DCLK, ATHM, YHOO, AMZN etc. under 100 and SEEK, EGRP, EXDS under 40. . . .SIEB and NDB in the teens. . . . .gives a good picture of the value I am now placing on them. . . .yup, these were the same stocks I was buying high and selling higher. . . no more this summer. . .looking for lows to be hit over next 2 months.
Playing TELT. . . watching for direction on CDNW [if no takeover tomorrow, I expect a major sell-off and re-shorting big time right thru the summer].
That should give a pretty good picture of where my head is these days.
Rande Is |
