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  • marketaddict2003 marketaddict2003 Jul 14, 2007 1:31 AM Flag

    Telling you from my Experience

    All arguments here are good and some are logical. But as I see it logic does not work with the market.
    RIMM dominate the saturated Corporate sector, but the market thought it will dominate the retail sector too. But with the entrance of Apple in the retail sector and who knows may be many of the likes Apple. RIMM will never succeed in the retail business. But the market does not care and it could keep not caring for a long time until you are insolvent.
    AMZN fundamentals equal Zero but the market does not care.
    A company like BIDU does not worth half of its stock value but the market does not care.
    I came to the conclusion that Logic does not make any money in this market.
    I stood in front of the running train and got crushed, I learned now to ride the DAM train, But don't hold the bag
    too long be quick on the trigger.
    I sold RIMM today but if I was patient I could doubled my profit. Am I sorry? NO. There is always tomorrow to trade as long as you stay solvent.
    I don't go only long I short too. I shorted RIMM, BIDU, PKX and FFIV, all these stocks are in Bubble mode but I don't allow my short to live more than few day regardless of gain or loss. Goodluck to all.

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