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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.
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Bought SNAP @ yesterday's close based on above the greenline, we'll see how it goes
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