Thursday, February 11, 2010

Bookkeeping: Adding Back to Some F5 Networks (FFIV) and Atheros Communications (ATHR)

Two other names who now look more constructive, FFIV & ATHR.  All 3 names I see regaining ground on their charts today are interestingly in the same "mobile communication" space; one of the few secular growth stories in North America.  Tossing about 0.9% cash into each; in a benign market I'd be buying much more on these potential reversals but unfortunately these very fine fundamental stories - both these companies reported lighs out quarters - are hostage to the market as a whole.  But this tells us we are on the right track and in a more favorable market we'd have the right type of stocks.

Again, we'll use recent lows as stop out areas if the market rolls over again in the coming weeks.

Long F5 Networks, Atheros Communications in fund; no personal position

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