02-17-2011, 01:39 PM
I'll take the opposite side of that - I say the market is up 20+% by year end.
I do thing there is some "irrational exhuberance" in certain stocks, but that's always the case. Maybe Netflix will be $400 next year, and maybe it will be $100. Difficult to know with a stock like that. But I think if you invest in good solid names like Apple, Microsoft, Intel, IBM, CAT, etc, you will do well.
I have a mixture - I'm in AAPL, MSFT, INTC, HAS, etc, but I also have bets in FFIV, RBCN, POT and AMZN. They are all options, so if it doesn't play out no big deal. But I suspect all four of those somewhat frothy stocks will be a lot higher by year end. POT is already up 20% YTD. RBCN is up 15% today alone...
I do thing there is some "irrational exhuberance" in certain stocks, but that's always the case. Maybe Netflix will be $400 next year, and maybe it will be $100. Difficult to know with a stock like that. But I think if you invest in good solid names like Apple, Microsoft, Intel, IBM, CAT, etc, you will do well.
I have a mixture - I'm in AAPL, MSFT, INTC, HAS, etc, but I also have bets in FFIV, RBCN, POT and AMZN. They are all options, so if it doesn't play out no big deal. But I suspect all four of those somewhat frothy stocks will be a lot higher by year end. POT is already up 20% YTD. RBCN is up 15% today alone...
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market