Hi Medroogies, doing well in your response until ...
1. <<And LE didn't say sell, BTW...not even intimated.>>
I consider Larry Ellison selling a pretty strong intimation, and thus wrote "Larry Ellison recent said, not in so many words, “Sell!”". What saying could be less than one word?
2. <<You CLAIM we all have the same information>>
I do not claim that. I know you and I have the same information, or you have better information. I said "What insider information do you have to know before you act on the information available to you?" given that
"Bill Gross recently said there is no compelling value in corporate bond market;
Warren Buffet recent said there is no compelling value in the stock market, and none in his stock portfolio;
Larry Ellison recent said, not in so many words, “Sell!”;
FED governor recently said “go buy an SUV”;
Green$pan said he will cut rates if he has to. Hayami said the same thing.
Markets say “Down”."
3. <<If you are someone who has honestly called the market correctly on short term time frames, congrats.>>
I am in fact terrible at short term calls, but that is not to say I am a terrible investor. I think ORCL is a $10 stock at best, and can certainly go to $6 in the meantime, not so much to do with ORCL, but more to do with the market.
4. <<After all is said and done, I would expect the next leg of a bull to reappear by January...this one with a longer term growth trend.>>
Not that it could not happen, simply not likely, but we shall see.
Chugs, Jay |
