Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

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Dec 18 3:59 PM EST

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To: Kirk © who wrote (2773)	2/9/2015 3:31:27 PM
From: Jerome	Read Replies (2) of 26788

Conventional wisdom and copycat reporting.......it happens with a fair amount of regularity........ All the talking heads come to the same conclusion at the same time and begin their blogs with the same headline. "Oil Prices are going much lower"...now how many times have you read that headline. Micron is worth at least $40 to $50 a share. All these gurus have gone silent recently as Micron has had difficulty breaching and staying above $30.00 a share. The lesson here is that when there is unanimous agreement about some facet of the market.....the best thing to do is to bet against it. Its been said before....pay attention (in the market place) to what you see not to what you think should be happening.

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