My thoughts are that in this market Im stickin with pure and outright scams and junk that is at or near highs because its wallstreets darling sector stock, other than that, its plain silly.. This market is gonna be sideways for a good long while which will put pressure on idiot run companies to make headlines sexier and to try and drive investors into their companies, those are the ones i watch and i beat up.
I destroyed HAND, ( :-) ) rememebr that one..well i made the mistake of thinkin I didnt ned to consider mkt timing and i entered a few things early but recently I have been incredibly careful about what I am doing and for instance I am currently up over 350K in just SLPH short alone, if you add my gains in EMEX and XMSR and IMNR and the bazillion of other scams and turds i have picked off in the past few weeks, Id say the gains are huge.
This thread is a perefect example that this market is gonna keep rippin heads off,
where was this " new Guru " in the bull market, in 1998, last year, last april 2000 ??
I know where i was , I was behind a NASDAQ market making terminal, doin the exact same thing im doin now, shorting scams and overvalued junk.
Im not threatened by this thread, it is an indicator that people still dont know what they are doing, which tells me that Im doin the right thing. Im doin the only thing I know that works. Im betting on peopel lying cheating and stealing, when that stops , I will cry uncle.
anyway goodluck |