Tim, couln't agree with you more. It *IS* going to end, the question is only when and why..which leads me to my question: In your opinion how and when will it end? I realize that you and nobody else knows and its pure speculation at best. Do you think we will see a 50% (or likely more) in a single day across the entire sector, or will it rotate across the internets over a week or so. Do you think it will occur in conjuntion with a broad based sell-off or just hit the hi-flyers? I have my own opinions, and of course they are just guesses, but just curious what others are thinking? (My own thoughts is that we will see many of the high fliers be half'ed 3-4 days in a row, i.e. EBAY goes to 200 to 100, then 50, then 25, with a possible rebound after that.)
I too have missed out on a few *big* moves (my worst, I sold 10,000 ONSL at 47 after holding for less than 2 hours, have missed out on $500,000 in upside but I sure slept a lot better and to be perfectly honest, I'd do it again).
I myself am only speculating on a small portion of my portfolio, about 20%, the rest is *relatively* safley parked in MSFT, DIS, PAIR, CIEN, CD, BAANF.
FWIW: I think DIS has a possible upside of 50% or more in the next 6-9 months if anyone is interested. The time to buy a great company like this is when no one else wants it, which is NOW. Think about it, how many DEisney products are in your house? (if you have kids).
Happy investing. |
