I'll give him, Ramsey, credit for starting this stuff after a record breaking run over 4 weeks.
Eugene,
I am not sure what you are implying here. All I am saying is that people like AJC, Joe B, Fleckenstien(sp) are like broken records, repeating the same thing over and over again. Unlike others, I don't remember ever posting my trades here, nor a lot of posters who might have bearish tones. I suspect there are many bears who are actually more fully invested than the bulls, and vice versa.
Given the market conditions, global economic growth and how it many impact the US, I don't think irrational exuberance is an over statement. If you believe the bubble has elasticity that can sustain all pressure, then you have nothing to worry about and just keep buying buying buying, especially a stock like AMAT which would most likely report a huge loss (might be hidden in one time charges) in less than 2 weeks.
Ramsey |
