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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (50949)	1/25/2011 4:43:05 PM
From: Jacob Snyder	Respond to of 95525

Good post, Sam. For 2011, an investor needs contingency plans, for SPX 1550 or 1040 or anything in between. My plan is: 1. if we go straight up from here, continue selling into it, planning on being out of all long positions (or hedged with shorts) at SPX 1500 (or oil $150/b). 2. go long and/or cover shorts on dips (wait for at least a 10% drop in the SOX). 3. use margin very cautiously. Calculate where I'd be if the market fell 30% in a day. If I'm not comfortable with that, reduce leverage and risk.