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To: The Ox who wrote (867)5/8/2012 12:35:57 PM
From: The Ox  Read Replies (1) | Respond to of 8239
 
Networking and telecom, in general, getting hammered. I see CIEN is down 25% in the last 3 weeks.

FNSR, RVBD, APKT, ARUN, JNPR, JDSU, etc...all getting crushed lately. Looking longer term, a number of these names will do well. Time to be patient and wait for a clear turn. My downside alert for QCOM just went off as I was typing this, confirming my thoughts....



To: The Ox who wrote (867)5/8/2012 12:51:55 PM
From: richardred  Read Replies (1) | Respond to of 8239
 
I liked your Acme Packet buy today OX. It's come down greatly. It's trading near it's lows. If you don't get that bounce. You have a higher growth company with above average speculative appeal.

I'm am a falling knives kind of person, but personally, I'm trying not to get over anxious so I don't deplete my cash reserves to quickly this time. I did that to frequently in 2008, but most panned out eventually. I've not bought on margin since I was single. That was 25 years ago. If you don't mind me asking. Are you buying on margin? Margin interest is tax deductable if you itemize. Also most trading brokers have very good rates commensurate with the amount their loaning you.