Reminds me of an old skit we used to run at camp: a guy holds a rope, attached to the shirt of another on all 4s. The guy on all 4s asks "Master, when will be there?" Response: "Patience, jackass, patience". This goes on for a LOOOONNNG time until someone in the audience perks up "when are you going to finish?", to which both guys on stage reply "Patience, jackass, patience".
That's the way it is here. Patience. Anyone who got in above the current levels...gee, I'm sorry for you. Having had the luck/good fortune to get in much lower, I can only say this is precisely what I've expected. I can't stand people who think they have to have a return tout suite. I held ORCL for 2 years before I made anything on it....now I'm happy I've had it for 2 1/2. AAPL, same story, shorter timeline. Anyone who's looking for 25% in 30 days...go away. I'm up about 50%in 3/4 months, and feeling okay about that. I missed out on some rockets (Jimbo's screaming BUY, BUY, BUYS), but I don't mind. That's not investing. That's gambling. I do that in Vegas.
Relax. Everything here is unfolding nicely. WS takes its own sweet time to react. I took my lumps and learned my lesson w/AAPL. Patience. |