Cloudera (CLDR)

[jugs]

My suggestion would be to sit back and think in terms of: "DON'T!!!"

An old line of mine:

When in doubt, don't!

Things are out of control. We know it by virtue of the fact that usual patterns are being upset just like that. This is why people are scrambling like headless chickens. And their stocks are mimicking them quite handily.

The market is undergoing a slight correction. I call it a blow-off as it's not really much more than releasing some pent up air in an over-stuffed balloon. Too many recent records broken of late and we need a period of consolidation also known as waiting for things to find their own comfort levels.

So I'm waiting and watching so as to become sensitive to the next early signs of market aggressiveness. My largest investment by far is NGL and I added heavily throughout the week including today. This is the other side of the wait-and-watch approach, taking advantage of unusually low price-points.

You and I did this yesterday with CLDR. Did it backfire? I think not as I'm seeing $23 and higher down the road. So our money is working for us even though we won't get all our money back if we sell. I hope you can wait.