Thread FULL - U.S. Stock Market - Use New Thread!: Re: The Latest -- 2000 Year End

» smile_1 - Re: The Latest -- 2000 Year End

In response to message posted by Rande:

Thanks Rande,

I too add dittos to you for the new format. Much cleaner (without the Brinker Clutter). I must add this is by no means a criticism of the old format. The old format solidified the point of the busted trade by Brinker. Obviously no need to continue showing the busted Brinker trade.

I also appreciate your comment re: not chasing performance, this is a crucial point for new and not so new investors. For those out there looking at biotech sector as the next one to chase, my advice is wait for better (more normalized) prices. It may take a while but regression to the mean as many of those chasing those internot stocks and worse can happen when expectations become unreasonable - extrapolating page clicks and revenue growth rates without earnings as a means of valuing companies - P. T. Barnum (or should I say David Hannum is alive and well still with the phrase "A sucker is born every minute.").

-- posted by smile_1