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12/10/20 1:57 PM

#81043 RE: yielddude #81040

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.