For quite a while, the technology sector has been a bit of a black sheep in the minds of investors.  Take a look at the sector and you will find Apple and Google, the tech sector’s leaders at their lowest levels.  If you look at the past few weeks you will find technology leading the charge with Apple up 30 and goodle nearly 100.  WOW!

Worst to first.  You’ll hear that from many investment pros.  What lags the market will eventually come back around and make you money.  Value investors take the Warren Buffett approach of buying what others don’t want and sooner or later, it’s going to make you money if you’re patient for long enough.

[ReviewAZON asin="0743224906" display="inlinepost"]

Will technology continue to go higher?  That’s the question of the week.  Jim Cramer says yes.  Many others say that the rally has lost its steam and expect a downturn from here.

How do you play this since of uncertainty?  The usual hedges.  Diversify.  I tend to think that tech is going to continue to slowly rise so I’m going increasing my portfolio weight in tech but I’m also keeping my defensives in place as well as a nice chunk of cash on hand.  This time, if the market is going down, I’m going to be ready.

Don’t forget.  Apple is one of those stocks that you can own and stick in a closet for a while.  If you’re looking for a good name that is virtually maintenance free, Apple is what you are looking for.

Other speculative names like the new IPO, DGI looks as if it’s poised to go up as well as JAVA.

Do your research in tech.  I think we’re heading up!

The first book I ever read about investing was Jim Cramer’s Real Money. Click here to go to the elementary finance bookstore to order your copy. You can also take a look at the book in the box above. Although the first book, it is still the book I reread once every year.