It is not that easy, there will probably be significant rotation in and out of sectors, I think that the like of COCO, TEVA, TARO and yes, even BSTE will do fine, the first three you probably want to wait for a retrenchment, BSTE on the other hand, while it could have another hit down to challenge the $24/$25 area (and even a spike down to $19), you may want to buy in tranches (if you are looking to hold over a longer period as your post indicate). I also think that PFE, MRK and JNJ are approaching buying range (search for their OB's). IBM is buyable here at $89/90 with a stop at $87.50 or so, INTC and MSFT are also gathering strength and could be bought for the longer term with appropriate stops. The big gains will probably be made in the like of SNDK (Target is now raised to $95), LEXR (target $33), QLGC (target $65), MERQ ($65), OVTI ($75) and even CELL ($48) and NVEC ($65 if $47 taken out), but these could be murder if you are not facile with your entries and exits. The bu$$ is probably a pretty good entry here (but that one may run to $21 before you have time to move in Monday, that was why I got back in, even though, I could not get much of a discount late Friday), if leaks of the SC comes out). Another good candidate is QCOM, which I think could easily exceed $60 if indeed the market early next year becomes extremely exuberant. I would not rush, too fast in and would use a staggered approach. Like QCOM, some here at $43/44 and more in the $40/$41 area, with a stop at $39.15.
