someone please remind me next march to cut half of my positions in high tech stocks. why did we not learn from years past that this same thing happens every year. its not like there is something terribly wrong in the market. the world economy is improving, and technology is the leader. the us leads the way.
can anyone name two well known tech companies that didnt at least meet if not beat there numbers this past quarter ? also, look at the volume for the past six weeks. the big guys have slowly cut there positions and now i assume they are almost totally out. just waiting to buy in again at lower prices.
as soon as june comes along and folks start getting excited about earnings, and splits coming up, this will all change and we will ALL be happy. but, the problem is that you have got to buy now. when nobody else wants to buy the shares of these companies and the volume is low, you have to step up. you will be rewarded i assure you. today, and this week, i bought more cmgi, gnet, aol, msft, t, cnet, egrp, csco.
folks these stocks and many others are the leaders in technology. they are the ones that are changing the face of our everyday lives. this is were you need to be. every year, usually around summer this same thing happens. last year saw a 40 % correction in internets. if you have any extra money, i suggest that you all step into the market, into the tech's next week. |
