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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (14038)	6/7/2002 10:48:51 AM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 36161

INTC - maybe, but I'm not playing it. I would considering buying some at 20 and maybe a little more at 18. However, I've put together a list of debt free software plays that I'll be looking to buy into starting around 1450 or 1400 on the Comp instead. Sold my remaining PAAS so I'm 100% cash again and very happy to just sit and watch. If NEM hits 27-28 again that's one that I'll play for a bounce. I'd like to see the S&P at 970 before I'll consider buying, but I don't think it'll hold the Sept lows at 944. Most likely a new low will be made that will be tested (maybe not all the way) this fall. Too much risk both long and short right now. A crash could happen, but the US dollar is staying firm. PPT can come out in force at any time. Best to just wait and resist the urge to trade (at least for a few more days). Software plays I'm looking at (not all are debt free, but most). finance.yahoo.com If anyone has any others that are at least 1 bil in market cap and debt free let me know. There is SWH (software holders) closed end fund, but I don't like some of their picks so I'm going to build my own portfolio. I'd say it's good for a 20-30% pop once the Naz dog bottoms. Then I'll rotate back into gold/silver for the fall.