Oh just about anything that is in the mainstream and at a reasonable price to future prospects.
AMAT, KLIC, LRCX, NVLS, KLAC, TER, LSI, CY, CSCO, INTC, DELL, MSFT, APCC, HD, TGT, LOW, EDS, XLK, SGR, DUK, HON, GE, PFE, SGP, DPH, F, MER, MWD, DHI, CYMI, NVDA, ADBE, INTU, QQQ, AOL, DIS, XLNX, GM, CUM, CAT, etc. Mostly DOW, SP500, SP sectors, or Nas100 index components.
Oneday failed experiments on CIEN, ATML, AMCC, VTSS, MU, PMCS, etc. might work out. <g>
I try to buy several days into a weakness stretch, and sell when things improve slightly. It doesn't always work neatly and you have to be prepared to hold out until it does. I wouldn't buy many of them at todays prices to start off this strategy. But I would 10% to 15% lower.
Like everything else. Value is in the eyes of the holder, and be prepared to get stampeded lower than you ever dream.
Pick your favorite beaten down sector and start. By the time you finish those postions the market will bring a new sector to you. I'm thinking it will be banking as interest rates rise and their interest spread income gets squeezed.
btw You could also do something using buy 1000, sell 9 Covered Calls setups. |
