I noticed money is flowing into a lot of ugly stocks. For example, I see people jumping in on MNST, SNDK, and ATHR. But I also see money flowing into good stocks like GOOG, CME, and CVLT. Bottom line- money is coming in, so while that continues, it’s better not to call the top but just go with the flow. I hope the flow doesn’t end tomorrow.
I’m going hiking today, so before I leave, I’m looking to exit out of the stocks I “gambled” on. Yeah, I really shouldn’t play with those micro-cap-low float momentum stocks.
Oh yeah, DIVX will be $30 sometime in November. Anyone care to catch a ride there with me?
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