RE: Great expectations
Ira,
No use advising Truff about the multi-year long-term
prospects of Iomega. Her target is over 50% appreciation
a year, remember? Holding Iomega for the next two years
is almost certain to beat inflation by a mile, even after
taxes and commissions, but this Clik thing will have to
be staggeringly huge to beat 50% a year. She's right
that, _given her strategy_, riding IOM down ten from
the high in the low thirties was a mistake. Given
yours and mine, it's not.
Sorry that you're disappointed, Truff. Nobody can hit
all the highs and lows, so don't be too hard on yourself.
You're still up for the year overall by quite a bit, no?
And you'll be back into IOM again when the charts
indicate more rockin-n-rollin, I'm sure.
I guess the bears aren't into black lace panties.
Happy trading, happy Winter Solstice, and happy whatever
else you all celebrate at this time of year.
Cheers, Tom (long IOM) |
