OK OK, UNCLE UNCLE! I'll turn bullish, now what do I buy?
INTC? hmmm, nope, pentium III release terrible, PC sales and margins weak... MSFT? Hmmm, nope, mucho uncertainty with settlement, already richly valued EMC? At a gazillion times earnings? nope... CSCO? Come on, give me a break, selling at twice its normal average valuation... SOX index? Hmmm, nope, these things fully values, chips weaker than thought.... SMALL CAPS? Hell no, this group is going nowhere OIL? Well, they've had a mini bounce, but OPEC always eventually cheats, and there are huge reserves... GOLD? Well, ok maybe, but TECH STOCKS return 100%+ a year! QQQ Calls? Look at the friggin parabolic double top COMPX chart! NET NUTZ? snort! give me a break!
They all keep going up but there is no values! I want to be bullish but what the F*ck do I buy!?
Ok, I'll buy puts, wait I did that and lost my money! I'm confused, I'll just sit on the sidelines with my worthless puts. |