Intel gained title status in my blog- its raised its numbers- Intel, the world's No. 1 semiconductor maker, raised its third-quarter revenue forecast and said global demand for computing products was stronger than expected. Well, well, well I referred to CSCO CEO, John Chambers... making a positive statement at the time of earnings, when no one paid attention, he repeated his optimism last week- now when a conservative man is urged to display his upbeat outlook- will we not listen?
I REST MY CASE. Retesting the lows is a waste of time. The RALLY should begin and big time... led by TECHNOLOGY.
I like SNDK at 52 and change...SIRF has started moving from 17- up 70 cents ...this morning... we are in from 17 and will hold on for longer term. -GOLD stocks should do well- with gold breaking out... AUY =11.8 and GG=26 and NEM =44 are my picks. MNST down below 33 is cheaper and I am a buyer for a good trade.
BUY ON DIPS- the reason for the market to be down if it decides to be- is just fear and technical- lack of bull power - wait and watch... but be in the market. I am also watching OVTI- maker of camera chip image sensors-(blew out earnings on AUG 31- and rallied a bit but is down to where it was before the earnings- 19... They spoke of strong demand- and raised guidance... so I am bullish on this one- trading at a low P.E. multiple of 13 or so which is insane.
So theme is BUY- for a HALLEVOILAHOO... tech rally - NASDAQ is ready to ralllly --- use the pauses and dips ... to buy. Thanks for reading. Do scroll down and comment... would love some interaction.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment