Philip Saglimbeni: short-term yes, long-term it's not, earnings game is CASINO, I have to take my own advice and stop playing it
5/17/12
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OneLongTrade: Indeed, I've been saying that more and more lately. Just a game of buyers and sellers. Over time, earnings will trump all, but sometimes
5/17/12
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OneLongTrade: those earnings aren't enough to bring you back to even if you have a poor entry. Which is why I can't advocate long term investing until
5/17/12
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OneLongTrade: this market goes back to how it used to be. Also,to be fair, SHLD declined nonstop from 80-50 and SINA dropped alot as well. Dead cat bounce
5/17/12
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Bob de'Long: Just what economic goods do APPL & LVS produce? Are these "goods" needs, wants, or frivilous wants?
5/17/12
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J. A. Saglimbeni: Phil, I was wrong about SHLD also...I am sorry the put did not work out.
5/17/12
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Philip Saglimbeni: no need for apologies Joe, we make our own decisions ; ) but the next time I mention an earnings play do me a favor and just slap me