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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: fubsy cooter who wrote (2014)5/27/2000 9:58:00 AM
From: Zeev Hed  Read Replies (3) | Respond to of 30051
 
Fubsy, in the last 8 years we had a roaring bull market, getting CSCO to a peak valuation of half a trillion bucks, I doubt the next 10 years will be the same, and I certainly do not see ELON in the next 10 years commanding a market valuation of a half a trillion. ELON, IMHO is not much more than a hybrid between Honeywel and Foxboro, not exactly super performers.

Having said that, over the next six months, ELON could very well go above $100/share.

Zeev



To: fubsy cooter who wrote (2014)5/30/2000 10:49:00 AM
From: Matrix_Man  Read Replies (1) | Respond to of 30051
 
An absolute hold strategy is great for many people, and I agree that ELON (also CREE) are great long term holds, and that is what I am doing with them.

However, I disagree about the trading portion of your statement - that is very dependent upon the trader you are talking about. It would probably be true for me, but I doubt it would be true for Zeev.