>>For all of 1996 and 1997 YOU WERE WRONG.<<
That depends what you mean by wrong Craig. If you are referring to the short term direction of the price, then yes, Craig, you WERE right, but for the wrong reasons... unless you had some insight into the Barrons article. And I don't really consider myself totally wrong because many times, I recall saying that the fundamentals suggested higher valuations but the chart looked weak. Now, if you are referring to the fundamentals and the strategic plan of the company, then you are wrong and I am right. In addition, when it was trading at the rediculous level of the 2's, I loaded up and am now up quite nicely now.... so, I'm very glad it reached those rediculous levels and am also thankful that I was "wrong" on my short term price predicion.
What I find most interesting is that your indicator of future price direction was the chart and now that the chart is showing very positive momentum on the way up, you are still negative. When a stock is trading continually up on record volume on no news... then in my mind, that is a stock heading up. |
