Fly on WallStreet: Quick Alert: Dip Buyers are Buying

Thursday, January 18, 2007

Quick Alert: Dip Buyers are Buying

Naturally, the asshole dip buyers are buying this dip-- as the DOW and S&P flirt with green. There is a mass exodus out of Tech into Retail, Telecom, Drugs, Defense and Financials.

In short, I think it makes sense to ignore the doom and gloomers and adjust your portfolio to reduce risk. Meaning: Lighten up on speculative Tech and go long some big cap Pharma or Defense.

I prefer the Telco's and Defense.

# posted by Broker A @ 11:12 AM

Comments:

I thought everyone just got into tech?

# posted by

Anonymous : 11:24 AM

Cramer says sell all tech. Time to buy RACK.

# posted by

Anonymous : 11:36 AM

I see Chavez insists on an OPEC meeting. I guess he isn't hearing the Saudis telling him FU you are an asshat as they pump oil full out.

# posted by

Anonymous : 11:50 AM

How many years has Tech outperformed the market from Feb-Aug?
Were these years Microsoft upgrade years?

# posted by

Anonymous : 12:00 PM

Reversal in the works.

# posted by

Anonymous : 12:09 PM

How does WSTL chart look.

# posted by

Anonymous : 2:06 PM

"Reversal in the works."

In which direction?

# posted by

Anonymous : 2:20 PM

buy those dips boys, what's the worst that could happen?

remember, the mkt always goes up...it's goldilocks forever.

# posted by

indypass : 3:03 PM

Dip Buying Survey:

1) What dips are you buying?

2) What dips are you considering buying?

3) What bastard stock are you shorting or considering to short?

My Anwers:
1. I bought, GMKT. Turning out to be a disaster.

2. RACK, AAPL, PAY, SPWR, TATTF, UCTT

3. RIMM, KNOT, GROW, LFC, GRMN, QQQQ

# posted by

Gio : 3:05 PM

long the qid.

long big pharma...sgp wye abt

long mvis...ouch

long roiak ityc

short joe

# posted by

indypass : 3:09 PM

Fly on WallStreet

Thursday, January 18, 2007

Quick Alert: Dip Buyers are Buying

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