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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: CrashDavis who wrote (79719)2/7/2013 1:12:21 PM
From: Kirk ©  Respond to of 207463
 
You're welcome. I haven't been publishing updates very often as they hardly ever earn me extra advertising clicks (regular readers don't seem to support sites, only people searching) but now and then... nice to put one out just to have where others can find it searching my site.

I agree about 1992-94. Valuations seem about the same then as now. Back then I bought IBM at $11, MSFT and Intel around $2 to $3 each and later AMAT and LRCX in low single digits too... Took profits in 1999 after 10 to 20x gains.... Made so much on LRCX I've added new names but have added $ to the others near the lows of last year when the clx was at a buy. Hoping for an echo if not a repeat of performance from 20 years ago. Time sure flies!

I still suspect a nasty correction SOMETIME and the sequestration debate would be a good alibi.