Bought HIFN

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August 23, 2007

I bought some HIFN today. I like the daily, weekly, and monthly charts. Its a tech company that deals with networking and networking encryption. All timeframes are turning at the same time. I plan on holding onto this one because I don’t want to complain about how I let another one get away from me 6 months from now.

Even though I think the market will have a hectic time in our near future where it will go lower, I want to buy into some good names and add to them in the slide while they are already down at these levels. I’m considering buying UCTT again.