RE:RE:RE:WTF is happening here?I've often wondered about the same questions when it comes to trends and how investors
handle those trends. Most don't have what it takes to ride a trend all the way and jump off
way too early for fear of losing their profits. Its understandable to be a little nervous at the
first signs of profit taking and seeing it halt the trend. Thats when you have to go back and
be sure that the fundamentals that were reponsible for driving the trend are still in place. If
nothing has changed sit tight and wait until the fundamentals take over again. Then you can
ride the second wave as new investors who missed out on the first one pile in.
In retrospect it all seems so easy to see but emotions are also very powerful when it come to money and the markets. I totally agree the supply/demand relatiosnship remains very bullish
for the balance of this year and that earnings are going to blow the roof off these companies.
You need to wait for that to happen and for the markets(investors) to digest that reality.