Thanks for the answer, James, but I still ask.... which CHARTS look set for parabolas? That was what you were talking about, so I naively figgered that there were some things you looked at so you could say "charts are primed for a parabolic move up."
I have tremendous respect for those who invest Lynchianly, but you cannot say "there's a shift in xxxx industry" and imply that that means a chart looks set to blast off. As anyone who's read/watched this thread knows, stock timing isn't necessarily related to major shifts in a business (SONS, for instance?). You're talking about a few month run up in stocks (which will most likely easily happen if we cut through resistance above) yet you're somehow equating that to seismic business shifts. Don't work that way so far as history shows. That would tie into your buy and hold idea, perhaps, but...
As for the idea of holding stocks through earnings, there will be 1 more set of earnings between now and Wahz's target time of 2800. You, too, said MONTHS. Buy and hold isn't defined by months. Are you then meaning that this bull run will go on for years... or that it won't just be 20% gaps up on earnings where money is made?
I don't konw how you define a "bear market" but I also dont' think that matters. R2K is making new highs, so ya... no bear. How does that show that charts are set for parabolas? How does that affect your investment ideas? Is it more bullish to say "we had a small bear market and are done, now heading up" or is it more bullish to say we never had a bear? Does it matter?
I'm not picking on ya. I hope we go parabolic. (Hell, I just hope we have a great TREND like those oil stocks have had). But I really was hoping there might be something to your proclamation that would be helpful to us all... so I asked.
Again, thanks for the answer. And, uh, go GOOG!
the freep
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