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Re: yielddude post# 81040

Thursday, 12/10/2020 1:57:10 PM

Thursday, December 10, 2020 1:57:10 PM

Post# of 130096
yielddude: OT I sell a stock that has a LT capital gain, and within the next week or so it moves up. There was an old time stock guru, from the 1950's or 60's, I think, who, when asked how he got rich, replied "By selling too soon!" This market is "frothy" alright; it is foaming at the mouth. It is hard to find a decent stock that isn't selling near it's 52-week high, as though there is no pandemic affecting the economy.

Cramer as much as said this morning that the sidelines money has dried up; people have to sell something to buy something else. I agree.

On a 1-10 scale, I'd say the risk/reward ratio is a 8.5-9.

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