Still biding my time. I’m not holding a ton of cash, but more than normal. If we get a correction, I believe it will be temporary which means I will see my stocks go down but they’ll come back. It’s only a loss if you sell low. And if I’ve got some cash, as I do, I can buy low and make some real money down the line. Assuming I’m right about all of this. Which I have been in the past, slightly more often than I’ve been wrong. One thing I apparently was wrong about was SIMO, which I bought 01/26/13 and sold today @ 14.44, about a 9% loss. I’ve got a long watch list and will probably add one new pick tomorrow.
Today I’m selling my 0108 pick, CTB and using the proceeds to buy SIMO.
Small cap tech stock with potential, based in Taiwan.