Monday, April 5, 2010

Random Rally Finally Revisits Networking Sector

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I've been overweight this group of stocks, and watching haplessly as almost every other sector save natural gas and oil stocks gets a bid the past month.  I don't see any particular reason for the moves today, but then again - does there really need to be a reason?  It's Monday and the stock market is open - good enough to bid up the shares.

I added a little Riverbed Technology (RVBD) just for kicks...

Breakout...


Breakout Thursday, then Fakeout Thursday, now Breakout Again...



Almost there...


Good on ya... remember, in the George Costanza market you buy every stock when they announce an offering to dilute you, because the stocks will soon rebound.



Long all names mentioned in fund; no personal position


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