Not really. That's why the double-barrel ten-gauge cashgun is loaded with goldshot -g-
Real property is more my thing than stocks, which while fascinating are a sideline. Also the day-job industry is showing signs of resuscitation, so time for stocks is limited and must be enjoyed while it lasts. Only once have stocks formed a majority of dollar-value interest for me, that was for a year and a bit starting in early '96, i made a large bet on Canadian banks. Other financials as well, but mostly banks ... interest rates were falling and it seemed like a no-brainer for banks to do well. Mr Market took his own sweet time seeing it the same way though, and i was underwater for a while in summer '96. Got better than a double in the end, while paying less than seven per cent on a mortgage i'd delayed paying off .... so that tended to confirm trust in the hunches and the logic on which they are based. Not that there hasn't been the odd loss before and since, lol.
We have to be ready at all times for these speckies to turn into 'long term investments', lol, or dump them quick and cut our losses ... but only when new info enters the logic ... be that new info TA or FA ... this thing here is trading not far from its cash level, never mind the current investments and holdings, and the chart still looks real healthy, check out the multi-year, it has run before. Also there are six cents that remain to fill from the gap-down 10 Nov, whoo whoo ... i dunno, i like it, it's a reasonable speculation imho .... we shall see .... cheers
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