Thursday, January 24, 2008

MSFT EXPECTED... THE FUN PART IS NEXT WEEK.

Well, i did think MSFT would do well enough. but i didnʻt want to buy calls...
will it lift Tech forward? My thinking is that we will have this bounce into next week with the FED coming to play yet again. A rate cut thatʻs not to the streets liking will result in you know what...

My only spec to win was KLAC. Semiʻs at this point arenʻt where you want to be. i looked into BRCM & CY and obviously should have chose them. They wouldʻve been better than XRX & SYMC (both companies of which i didnʻt know fully their biz... which ultimately affected my bottom line.) i am still >80% cash... so iʻm basically all puts... just sitting and waiting... these small spec positions have resulted in small loses and a few huge gains.

Man is AAPL cheap...i thought there would be some buying today... maybe tomorrow - i dont plan to be one of them...

Letʻs see how far the FED goes next week... that will show us whats in store the next month of trading... whether bad earnings will be allowed to bring the market lower at an exaggerated rate or what we would consider normal

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