<did i just catch your towel -gg>
I don't get that remark, and I have seen CNBC about a dozen times in my life, but whatever....
Nope, I'm not a discouraged bear anymore...used to be, but about 3 or 4 months ago I decided the people making real money were long and I figured I'd follow for the ride. I keep my stops reasonable to protect the profits and buy an occasional QQQ put to hedge myself but long is the way to be bro. I have bought cheap drug stocks (IMMU,CDIC,CYBR,EPTO, HYSQ) internet stocks (rrrr), software stocks (SYBS,INTA,TDDD) elecTRONICs stocks , cell phone stocks (CELL,VOXX,PCMS) wireless stocks (SSOL,USWC) and EVEN some that were under $1 (API, CFW). I've quadrupled my investment . I've had loosers too but there is no need to add fuel to your ability to thrash me.
I am in full agreement that the market is overvalued and unreasonably dangerous at these levels. All I am trying to say is that there is no reason to get short or get nervous until you are AT LEAST being stopped out of your positions too much. You must assume that a trend in place tends to stay in place and before you can expect it to reverse you need confirmation from the PRICE action
By the way...."an idiot" ....come on, you can do better than that. I have thick skin so I always assume everyone else does too.....sorry if that other post offended you. It was intended to be humorous ..not insulting |
