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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

06/15/15 at 12:23 PM CDT

 

 

READ: 6

RPLY: 1

1

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#2722,`06/15/15
By Jam ok

 

Re: OT - strange market

I am beginning to think that INFN may be a take over target, no basis for this, just the fact that they sit on great tech that is making revenue surge.  CSCO and JNPR still seem like the best fits

On NOK-ALU, just the fact that there are no immediate catalysts, i.e. typical market, if there is no money to be made in the near term (read right this moment), it just lingers.  More so given that the deal will not be completeed for another year.

That said, these are IMO the opportunities the market presents.  I plan to wait to accumulate, it is nearing my target of low 3.60s, but tend to think that if the market remains weak/hesitant, it may reach the 3.50s, maybe even the low 3.50s, the 200 DMA is at 2.49.  So, before I start to add, I will take the pulse of the general market.

Anyhow, don't go by my weak technical analysis knowledge, I am  not exactly a guru.  Still, if it gets there I will start to add.

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