View Single Post
  #4  
Old 08-20-2018, 09:17 PM
Peter_Spaeth's Avatar
Peter_Spaeth Peter_Spaeth is online now
Peter Spaeth
Member
 
Join Date: Apr 2009
Posts: 33,539
Default

Quote:
Originally Posted by SetBuilder View Post
You can sort of tell. When the price of something goes up 500% in a relatively short period of time it's probably not wise to buy and bet on another 500% rise.

Gravity.
Mebbe. I thought about buying a few shares of AMZN just for fun at 1000. Then I said to myself, this is madness, the numbers make no sense based on its earnings, not even for fun. Not long after that it was at 1300 and I did it just to spite myself. And now it's close to 1900. So you just don't know and crystal balls, IMO, are useless.
__________________
Net 54-- the discussion board where people resent discussions.

My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at
https://www.jamesspaethartwork.com/
Reply With Quote