Wednesday, September 27, 2006
Sector Spotlight: Networkers
Today, we are seeing upside across the board, with exception to the drug/biotech sectors. The hottest sector is definitely the Networkers, led by GLBC (added to Goldman's conviction list), FNSR, DIVX (Cramer pump, but a very good company), FDRY and ADCT.
With my money: I like the action in CORS. This stock has been ripped to shreds in recent months, mainly due to its exposure to the condo market. However, at these levels, with a 4.5% dividend, I think it's a steal.
As for RACK: Well, they got a downgraded to sell by Matrix Research, based upon valuation.
The following Networker stocks have mojo:
As for your puts:
I feel uncomfortable advising you, since its such a risky play.
As I said in my article, the bulls are hell bent.
Perhaps, you may want to go long OEX too, in order to hedge. Or,draw a line in the sand.
The one thing you cannot allow your self to do is let asmall loss become big. Stay in the game.
If you are on the wrong side of the trade, so be it.
Providing you have extra resources, you can always make it back.
Don't let it slide too much lower.
Thats sounds contridictory, (pardon my spelling) your saying don't let a small loss grt huge, and then you say "stay in the game"
Did you mean BY staying in the game?
I really like your New years eve spin up their , you should be a writer very nice one !
Staying in the game means to preserve your capital. Don't let those options go to zero, because most do.
Thanks for the compliment.
Links to this post: