PCLN--i am a trader, robert...i can't afford to post on message boards during the day...i wish i could be an investor like you, but my intellect will not allow me to trust my funds to the greater fool theory of investing,,,
when all the fools have lost their money<because they bought all the dips and then held on to the bitter end>, then i will be an investor again...
you and the other longs are courageous souls to trust your funds so blithely to a group of stocks whose fundamentals do not equal their current valuations...not even close...
it is so much easier to just trade these tulips...at these incredibly lofty levels, the danger is palpable, and i see fewer fools out there to complete the other end of the greater fool theory,,,...we are nearing some very slow times for all the net stocks...good luck and i hope your basket returns to its previous valuation...
i mean these kind words sincerely, because if your basket goes up, then that means i get to borrow and sell shares at even more advantageous prices...
covered this am at 131...will reshort on the gap tomorrow...gotta be nimble in the land of tulips...
good luck to all, |
