Bald Man from Mars:
<<Very optimistic with this dude.>>
Your optimism is warranted. Today's market weakness and that of Novell's must be very pleasing to the "true" Bulls! No long term investor looks for "fast money." Knowing none is out there.
Novell, however, having had its own bear-market for so long is showing great strength while doing what it must do: Forcing all the potential sellers to sell. Until and unless these seller sell, we are not going to have a quality and sustainable up trend; the investment-dream of value-players who bought early.
Let's face it, there is still a lot of logical uncertainty out there;
Microsoft, Lawsuit, Revenue, Earnings, New Products, Novell's markets, Asia, Market itself, Competitors, Proft-Takers (there are some here), Short-Sellers to name a few. I do not blame any investor who says pass to Novell.
Personally however, I could NOT say pass today at 10 5/8 and bought more shares-as posted earlier. I wish I knew what will happen tomorrow, but I don't. So, I'll just live my life and wait... ;-)
Keep those Heinekens on ice,
Regards,
Seren |
