Buschman:
>Making predictions about YHOO can be equally embarrassing
We all know that stock price formation depends on many parameters
and it is difficult to predict the behaviour of the stock price
in a very short term such a one or several days. However,
prediction is present in any your decision on buying or selling
a stock, either with you being aware of it or subconsciously.
You can improve your prediction if you do know that you predict,
which events influence your prediction, and develop a "system".
Concerning YHOO, my prediction is that it will eventually crash.
How it will be tomorrow I don't know, and as someone pointed out
before, it looked the same when it was $50 so why it cannot be
$120? Well, it may be, though with every move up and every day passed
this chance will be smaller and smaller.
Common sense tells me that it would be crazy for me to buy YHOO now.
Why?
Assume that you are a very big fan of soccer, and there is a match
in Paris, you are late, so to be in time you have to drive in Paris
with a speed of 200 km/hour. Of course, there is a chance that you
get to the soccer, but I would think that the person who is married
with children is either a crazy or a drunk to drive with such speed
in Paris to get to the worldcup.
Investing in YHOO right now is like driving in Paris with 200km/hour.
You can experiment for one minute, but I advice you don't do more.
William |
