Thanks, But what's a reasonable OCF? What do you compare it to, a company's peers or the market at large? If OCF does matter anymore, as it seems to have happen, then what will be the tricker to the down move? We just had many bid events last year, some of the biggest I have seen all at once, bombing Irag, Japan/Asia, Clinton, Russia, a bear (yes I feel the Oct, melt down was a bear, short but still a bear) nothing has derailed the market.
This is market is driven by money, money is following money, you are right about that. The above worries me, so much so, that I have started to lighten my margin, I have done that as the market goes up always. But this time it's is very hard to determine what to sell, since all my stocks are such winners. I'm being reduced to thinking about which ones will not gain as much as the others.
Greg |
