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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Boolish who wrote (4558)	1/22/2014 5:53:56 PM
From: Cogito Ergo Sum	Respond to of 203019

I was at school LOL

To: Boolish who wrote (4558)	1/22/2014 6:30:09 PM
From: ogi	Respond to of 203019

Yes I felt my core exposure was sufficient and given the mixed reaction today (buy rumour sell news) I felt better trimming the exposure. I have similar concerns to yours that the big boards will enter a correction and that will reverberate through our micro cap plays. However, FLY and some others are "special situations" and I believe they will prevail, so I will hold the core for the LT gains that we both seem to think FLY may provide over the next 6-24 mos. Will be right to have cash at the ready. My intuitive take is that earnings have been dressed up and will not be as strong in the coming quarters , at some point sparking the much needed correction . Cheers