DAX, Brian, Zen and Timba - thanks for comments.
Unlike over at Yahoo, the knee-jerk reaction here to contrarian views is NOT instant vulgarity - but rather an inclination to weigh pros and cons of any particular message. This is why if I post anywhere, I post here. Well, ok, every once in a while I admit to a Yahoo post - but only because I can't resist slamming some logic back at some yahoo's moronic ravings.
Anyway, thanks for the constructive comments.
Incidentally, when I shorted, I paid no attention to things like the fact of the upcoming split; or the influence of year-end volatility; or the phenomenally-strong upward trend over the last month/year; or news; or interviews; or analyst ratings; or even fundamentals. Obviously, it is dangerous not to do this. What made me take a bite was that I saw a couple of negative technical signs that bothered me. Plus, I saw a lot of anti-gravity blindness on the thread. Bottom line, I'm taking a gamble on what the action will be over the next few days. You could see me admitting error and covering in a bigtime hurry if things don't go my way on Monday.
Good luck to all the longs. Speaking strictly about the long-term, of course.
Zen, as an investment idea, a spell-checker might give you a pretty good ROI. |
