lisa....you think too much, you make my head hurt!!! You gotta go with the flow alittle. XCIT and Internet stocks will continue to go until they don't go up anymore....end of story.
Just like the drug stocks this week, they stopped going up, paused, and went down. That's all, no more, no less. Are the drug stocks heading further south? You got me, but you won't find me buying puts or shorting MRK, SGP, JNJ, WLA, PFE or even G, LU or AOL right now...I'll tell you that much. If you miss the first wave down, in a regular correction, don't start chasing it down unless you know more than the rest of us about that stock.
Remember, the downside to stocks and purchased call options is ALWAYS limited....ground floor is always ZERO...and the SKY is literally the limit.
JR |