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Re: Saltz post# 69655

Sunday, 04/19/2020 1:27:36 PM

Sunday, April 19, 2020 1:27:36 PM

Post# of 233174
Good post Saltz.

The reality is, no company has a SP that goes straight up in an unbroken fashion. If you go back and look at the charts for AAPL, AMZN, etc (any great company), there are massive pullbacks all along the way - sometimes 25 or 50% - and often on no news at all.

Looking at short term SP moves and trying to assign some reason for the sell off is a “tempest in a teapot” exercise. The bigger picture is so incredibly promising.

And I actually hold no ill will toward traders, shorts, etc - that’s their business - although I am anxious to get on a real exchange where the rules are better enforced.

But regardless of the noise, I’m holding this with a 3-5 year horizon from here. Maybe I peel some of my original basis off between 5 and 10, and let the rest ride.

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