Well... you can show the mule the water...
... but you can't make him drink.
The people I care about, understand the trading strategy I outlined, and are making plenty of money. I really don't have to spend the time to go over the record, document the lies, mis-representations, and confusing double talk you put up in your recent posts.
If you don't want to learn anything, and know everything, it would be a waste of time any way. And when you are way off base, it doesn't pay me any benefits to spend the time correcting you. But let me at least tackle your statement in a general way:
I wrote:I'm still way ahead of a net long position in CLS
You Wrote: Wrong. Very Wrong. The fact is the market is trashing your relative valuation judgement. You might want to reevaluate and try to find what you missed.
My current response: I have stated that FLEX should trade at a 30-50% premium to CLS stock price (IMO). Today FLEX closed at just less than a 30% premium.
The strategy I outlined beats the pants out of any buy/hold strategy on any single ECM stock (especially in an IRA or margin account), by capitalizing on the excessive volatility in this sector, and by judiciously using margin.
Someone once said, to make money trading Treasuries, watch the yield curve. Well, if you're bullish on the ECM sector and want to make money trading these stocks, watch the relative valuations of the ECM stocks.
Paul |