So, what's next for the market? They way it's going, the answers seems easy, up. And you'd be right. But there is one problem, too many doubters. So how do you turn the doubters into believers? Give them the correction they've been looking for, and then run the Nasdaq to 3,000. Can you think of a better way to get the retail money back in the game.
The market has the will and ability to pull this off. The news can't be better, oil down, rates down, inflation receding, Iran, Syria, & North Korea quieting down, and tech is starting to outperform. The stories just starting, and one word will fuel it, possibly to the end, VISTA.
Microsoft Vista may fuel an upgrade cycle like we haven't seen since the late 1990's. More drives, RAM, PC chips, video cards, you name it will be in high demand if the software truly spawns the next generation of software that consumers and corporations will want and wouldn't be able to run on their existing machines. In turn, the need for the latest chip manufacturing equipment will be required to expand and keep up with the demand.
Your job now is to look for and keep an eye on the current winners in the run from July. At this point most of these stocks are well into their moves and it would be risky to chase. Wait for the market to correct and look to be a buyer of these names out of new consolidations.
P.S.
For those curious why it's been so long, I will write about my big recent mistake and how I had to pull myself out of it, soon.
No comments:
Post a Comment