No. of Recommendations: 1
David:
I am very sorry to say "you ain't kiddin".
This event is a classic self fulfilling prophecy,
and much of it brought on and now being
trumpeted by the phoniest gaggle of forked
tongued analysts,commentators,managers,pundits,
wags and whores.
Before the earnings reports hysteria,we did
have the cautious comments on "insane P/E"
but we did not have the forward looking view
of what growth will be neccessary to maintain
valuation.This is the killer and serial at
that.
I think that Fridays action bodes well for
Dow and a whole bunch of pain for Nadsaq.
What to do then?We are both long many of the
same stocks.In X time we will prevail.Do we
want to "fight the good fight" or "get real
light"
Buy Leaps and sell Calls.Too late!
Fool on and rock on.Be jammin'.
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