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Re: ALL-IN888 post# 19535

Thursday, 10/02/2014 1:57:54 PM

Thursday, October 02, 2014 1:57:54 PM

Post# of 63559
If things get severe enough, then yeah. if the market is terrible, as in a recession, we would get hammered. but when the market is pretty stable, then i don't believe there is much of a correlation. in fact, you could say (by chance, not causal) that there is an inverse correlation. many times (like this past week) when the market was down we were up. and vice versa. There have been countless days in the past few months the market was up nearly 1/2 to 1% overall, and we were hammered. I care more about Q3, the manufacturing partner, etc, than i do the overall market. as long as the market is somewhat stable then it's irrelevant.

I would even go further and say right now, we don't even follow the solar sector. vivint IPO did nothing for us, IMO. I have seen the solar index up many times while we get hammered. and vice versa. in time i think both circumstances change. we'll follow the market and the solar sector trends, but not right now.

im long, as are you, so we're in this one together, I just disagree completely with what your saying :)