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ReturntoSender

08/12/12 2:52 PM

#9864 RE: ReturntoSender #9863

Taking a look back at the last Major Market Bottom in March of 2009 you will see that the SOX hit its apex well in advance of the overall market. It has done that again during this market advance:



Take a look at the 6 week performance of the stocks that Don was following in his Wennerstrom Grouping on March 6, 2009:

http://www.siliconinvestor.com/readmsg.aspx?msgid=25473269



Interesting isn't it that if an investor had picked the strongest stock in this group as opposed to the weakest ones you would have had very limited profit opportunities. While on the other hand I actually bought ASYT (which would end up going bankrupt) and made good money trading it.

That's not to say it's all smooth sailing either. I still hold a number of stocks bought too soon before the March 2009 bottom that I have a paper loss in. AMAT is one of them. As are PLAB, RTEC, MTSN. But I made so much good money on the other trades I made that they could all go bankrupt (which they won't) and I would still be ahead.

RtS