this was to sig but I lost my connection, so I give it to you since I'm in hurry to enjoy this fine day we are having, I need to do some gardening.
<<re: I will tend to buy things like msft intc emc on good news and I get killed doing that so try stay away from popular stocks too subject to manipulation.
yes, we need a sustain up trend to do momo investing again, that is hard to come by.
re: One can hardly watch daytime TV without see market data flashing in lower
I never watch TV during the day, I find it worthless and distracting. Who needs a day time soap title, "As The Market Moves" LOL ridiculous waste of time.
I have been ask a number time what stocks I'm buying of lately, and what I have been doing. I might mention once and awhile what I'm doing but I'm getting tired of having to justify what I'm up to, it's taking too much of my time. Right now I need a lot of time to study what's happening, since I feel we bottom weeks ago, I need time to think through what's happening, so I need to read and watch how stocks are moving. My pea brain only can handle so much. LOL I'm really enjoying the market lately, it's real chess game. If this causing me to viewed as lacking credibility, then screw the people that feel that way. I been around long enough, and have enough eyes following me, that people that know me, know that I'm not bull shitting anyone. So, in light of the above. I will spill half of the beans. I have been buying software directly related to the PC sector but staying away from the hardware except DELL, since the PC sector was leading us out, MSFT and DELL, but I sold DELL a week ago, I just started selling MSFT and sold all of ADBE. I have been buying SEBL on dips, just starting buying VRSN I have small lot of VRSN. I have been watching the baby bells, the demise of the clec could be opening the door for them, and now it appears the government is getting behind them, so I have been buying VZ, it's at major resistance now, so I have stopped waiting to see if it can make it over that. I think BLS is ready to break out, and PCS has hit major resistance. I bought AMZN and RNWK. I just sold AMZN, but RNWK I sold a few weeks ago, since it is at major resistance and, it's was not moving through it like I thought it might. I own, QCOM, which I have started writing covered calls one month out since I feel QCOM is dead money, but will come back in three to five months. I sold my power plays. CPN since it too appears to have hit resistance, and CPST seemed to be wallowing about. I sold both JNPR and CIEN, I'm about to buy JNPR back, but I think CIEN has run into problems. Both JNPR and CIEN are trade stocks for me. I wrote puts (sold them) on SEBL and NTAP long ago, I just bought the SEBL puts back, made good money on that. Half NTAP one's are near flat the other are underwater, I expect them to both expire worthless. So, I think software is where it's at, the baby bells looking interesting, communication chips and hardware look bad, as does the chip sector, only good for trades. I think the storage sector is basing now, nice sideways channels, very tradable. That's part of what I'm up too. I'm just not into mentioning trades that I might enter into. I'm not shorting anything, if I do it will be QQQ as a hedge.
Be--> busy having fun! |
