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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (33965)4/9/2002 4:37:47 PM
From: Terry Whitman  Respond to of 52237
 
Surprised? <g> NT is already a penny stock- Question now is are they going to be a pink sheet stock?

I'm debating whether to jump in with both feet here soon on techs. It's been a long time since I've done that (like, 1997). Chip stocks were the ones everyone hated then, so I bought them hard. Had to hold through some tough times at first- but I made a boatload of money on them in less than a year's time.

I think it's telecom this time around. They are universally loathed here- and the world isn't getting any less complicated. I won't be buying the breakdown though. Will wait for some resemblance of support appears..

TW



To: Paul Shread who wrote (33965)4/9/2002 10:01:09 PM
From: Terry Whitman  Read Replies (5) | Respond to of 52237
 
I guess it was actually 1996, the last time I got overweight into tech- After looking back at the charts.

I'm serious about jumping in hard here. The prices here are very enticing. I'm making a tech shopping list: Telecoms, maybe some software. I don't think wireless is going away anytime soon. Cable TV. Defense.

I'd sure like to have some CSCO in the single digits. SUNW, ORCL, SBC, the list goes on.. More than I have the money to buy. <g>

The really big winners in the last great bubble in the U.S. weren't the jokers that were shorting stocks or selling longs after 2 long years of selling- the big winners were the guys with enough 1guts, 2foresight and 3cash to be buying IBM and T, and the like and holding them for a decade or two.

Of course that doesn't mean tomorrow is the perfect day to buy- <g>

Regards,
TW