RE:another crazy week of tradingtommeeboy wrote: (Warning: The following post contains forward looking statements, conjecture and realism that some members may find offensive - reader discretion advised)
It was almost too much for me, throughout the week we saw lows of.10, then we hit .11, then, if things couldn't get any crazier we saw .113 only to spike all the way up to .12! And the weeks not even over...stop the madness! While it's tempting not to play these wild swings, I've decided to hold long and give the savy stewards of our well earned money the benefit of the doubt.
I know it's just a matter of time before things really kick into high gear. But mark my words, I won't hold on forever so if things don't climb higher in the next say, 4 years (ok, maybe 5), I may have to move on and look for another investment opportunity.
Despite there being seasoned investors on this site who have exceptional business acumen (substantiated by impressive gains) and who can provide sound strategic advice, please do not be lazy and do your own due diligence.
Wild swings? You're being sarcastic, no doubt. Pretty funny.