Morning Arik...
are you talking about the markets? or the internets as a mania???
if it's the markets, i completly disagree with you...these markets are wonderful...they are precursor's to the health of our economy and the worlds as well..things look very good to me...
and because YOU think differently, does NOT make YOU right??? right??
now no where did i say i would KNOW "THE TOP"...i did however say i would post here when/if i bail...I "FOLLOW" my P&F indictaors, unlike many so called GURUS that try to PREDICT market movements...
why should they GUESS, when the market will tell you easy enough...i may not catch the top or the bottom, all i want is to play inbetween the strips...i'll play within that 60% area and make nothing but money doing it calmly and carefully...
As for AMZN??? Arik, your absolutley right!!!but that's TODAY, NOW!!!
cut down the front row of trees to see the vast forest..THEN you'll be totally wrong...forget 1 lousy quarter, forget valuations of an ever expanding sector, at the very doorstep of expansion beyond anyones imagination..
and that's the problem..people have no imagiantion, no foresight...AMZN, will be a top 5 internet Big Cap stock...no doubt about it...will it correct??? sure it will, will the sector get hit, you bet..so what??? i'll just continue to add to my long positions on ever MAJOR dip...
oh yeah, now that AMZN, is gonna be an EBAY, take a hard look at the lastest quarter of EBAY, then add it on to AMZN...you seem to think quarters mean something when these stocks are just at the growth stage of development...it was an impressive quarter to say the least...then add up where the sector is going in the next 5 years, and you should get the idea...
just remmeber when AOL had all those problems 3-4 years ago..and look where they are now...stop thinking short term...this is a long term investment in the most exciting, rewarding, and explosive sector to be a part of...
the future is in e-commerce...by leaps and bounds...it has nowhere to go but UP...
good trading to you... |
