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Non-Tech : Kirk's Market Thoughts

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3:59 PM EST

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Blasher

Cogito Ergo Sum

To: GROUND ZERO™ who wrote (1097)	4/30/2014 3:28:19 PM
From: Kirk ©	2 Recommendations Read Replies (2) of 26536

I had a nice chat with the gals who cut my hair about an hour ago. The older one was in disbelief that I'd own stocks at "such high prices." I reminded her that two years ago they all loved Apple and I warned them I liked other stocks like Finisar... that is now up a decent amount. I came home, ate lunch and looked up when I wrote those Apple articles: April 2012: Apple's Valuation Is Good, But Are The Assumptions Correct? March 2012: Apple, Is The Bandwagon Full? Consider Finisar two years ago!!! Time flies. So, I guess the good news for us longs is so many in the public get sucked into the hot stocks at the top just before they crash and it keeps them timid.... Right now we have the latest "hot stocks" that replaced Apple in the public's list of "must own stocks": FB, TWTR, Tesla, etc..... all having issues while the smart money owns the good stocks and collect dividends to spend and/or reinvest.

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