Fund managers need to own only this 1 stock:

Discussion in 'Stocks' started by capmac, Oct 20, 2005.

  1. capmac



    That's right. Why even bother buying and holding MSFT, CSCO, ORCL and all the other crap tech stocks that have a 6 point trading range in a year?

    Pretty much all the big cap tech names have lost their volatility the past few years and have been stuck in a tight range. Aside from GOOG, the only other game in town is AAPL. But I would rather pick GOOG over AAPL for pure momentum, upside movement.

    These ranges will get tighter and tighter as the market goes nowhere. Every penny, nickel will get scalped to death.

    Luckily the GOOG game is still alive and well for another few months at least... or, until they 'disappoint' with earnings....
  2. swinger


    I wouldn't be surprised if GOOG trades down from the open tomorrow and fills the gap.
  3. The same can be said about SNDK. Great short for tomorrow after the retail orders are filled at the open...