tang, let me respond to your post in a general way.
It is not unusual for threads of stocks that go up a lot to be very bullish. GNET also comes to mind. As long as the stock keeps going up, a very bullish thread does not cause too much harm. And as we all know, parties where everyone is happy are a lot of fun. And until 4/99, we all had a lot to celebrate.
However, without continual, objective TA and FA on a stock, one runs the risk of getting burned when the tide turns. Over the last two months, many folks, myself included, fall into that category. (To be honest, I feel burned more than I got burned. To see many hundreds of thousands of dollars vanish from your net worth in a couple months is painful, even if that money didn't exist there at the beginning of the year.)
Personally, I blame myself for not being more flexible of mind to respond appropriately to changing conditions. I hope to not make the same mistake in the future. Thus, it is *very* important to me that I hear all sides of the story. Steeny is one of the very best posters who *consider* the other side of this story on this thread.
As an individual investor, I depend on my success in the market for my livelihood. Thus, I cannot wait forever for a stock's behavior to catch up with my expectations for it. The emotions I am still experiencing regarding the volatility of this market and this sector are teaching me that.
Disclaimer: Still as long AOL as I have been since 5/98. I love the company, and I've loved the stock. Go AOL! |
