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The Speculative Stocks....
Good stuff Mike. This is exactly what keeps me with significant cash at all times, and afraid to get too deep in a stock that is clearly parabolic. The fear has cost me some money the past few years but I lived that 1999 MSFT chart with real money. About 15 years to get even. Today I constantly hear people saying MSFT is not the same company now. Seems to me they were pretty dominant in the late 90s so it wasn't like there was a clear warning. The excessive PE took them out, and it will take some new tech stocks out this time.
Bought SNAP @ yesterday's close based on above the greenline, we'll see how it goes
(01-14-2021, 10:08 AM)EricL Wrote:
(12-20-2020, 02:21 PM)EricL Wrote: A nice CBS Sunday Morning spotlight on ETSY this morning.

ETSY up another 5.5% this morning and a new all-time high.

Still just a $27B market cap company...

Up 6% this morning to another fresh all-time high.

Up nearly 100% since I dumped ULTA for it on October 30.
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