basehitz

Long Chip Stocks - And Getting Longer

I like your idea. I was patient but also started buying early on some. On the next swoon, which I expect will be this week, I was looking at adding AMAT and WFR, both of which seem ridiculously priced. But this 2x ETF given the savage selling in the space, might be even better. Overall, Ido not think we are close to out of the woods, especially the US. So international plays benefit from wherever the growth is. And while slowing demand for tech is now seen, to me it's only a pause. I may delay buying the next PC, cell phone, etc., but it's only a delay. That makes the coming rebound even more powerful as deferred spending kicks in.