<< My feeling is, that those net stocks which will be declaring earnings
shortly into the new year could see sustained upward momentum, but
those that declare later, say into February, could see a dramatic>>
That is what my thinking too ...
I mean the revenue (not necessarily earnings) will be good because it seems this year is the first year that Christmas revenue really makes an impact ... but no matter what there would be a drop off after Christmas, so the revenues of the 4th Quarter (to most, it is Oct thru Dec) will be wonderful, hence there would be upward momentum carrying on to earnings release, but investors (or net gamblers) will find out the drop off when the 1st Quarter results are announced (sometime in April), and that will not be a nice sight ...
so I expect a decline probably starting in late January,but I would not be surprise if the decline does not start earnestly until late April ... after all the IRA money are sucked in ...
but the thing is, there will be a couple of big up moves and a couple of big down moves every year, you just have to wait for those 2 up moves to make your money ...
just like retailers, if they can make 75% of the money in the last 2 months, I can certainly make 75% of my money on those 2 moves ...
don't chase the net stocks, or you will get killed, they will offer you tremendous opportunity if you wait for the right moment, but when it comes, don't hesitate ... |
