Last night I was mousing around SI, read some TAs posting about a techstock I follow (from afar) and they were agreeing that if the stock closed above some MA, then they would buy some, but if it went down they would not. I was thinking I would buy some if it went down until I read that. Now I just feel bemused.
Last night, I was reading about the crash of '87, and how the market lost 22% in one day. I did not realize it could go down that fast. I posted before about feeling like my cat, when I caught her on top of the stove trying to fish the hot meat out of the pot of boiling stew. I want the reward without the risk.
You posted to Denice that it is dangerous to be long at the top of a manic bubble, and I agree, but what about being long in things that are out of favor, like IMPAY, DBRSY, EWJ? |
