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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: microhoogle! who wrote (26512)12/10/2005 7:17:36 AM
From: Elroy  Read Replies (1) | Respond to of 57684
 
Good for you! I unfortunately sold 90% of my OVTI prior to results. Now I'm flush with cash as I sold all my VCLK when it ran from $10 to $16 to buy more OVTI in October, and OVTI ran (walked?) from $15 to $12.

So......personally I think I'm going to sit in cash until about April to see where the "pause" market is going next - anybody think that's a bad idea? Tech has had a decent Q4 run, so I wouldn't be surprised to see a repeat of 2005 next year with a selloff in Q1 as most large cap tech has decelerating revenues and perhaps, with the recent runup, slightly aggressive valuations.

Does anybody like APPL at $74?????? It seems like a good short candidate. I bought 20GB mp3 player from some company I'd never heard of (Archos?), and it works GREAT. mp3s have got to commoditize over the next 1-2 years.