Thats nothing...DTG did a +1000% move in 2 months. THATS insane. Every single stock i owned did at least 100% in the last 2 months. (I say owned because I've sold everything i was long in.) I am now a bear for at least a few months.
Having Killed More Shorts Than WW II
- Thread starter shortie
- Start date
Thats nothing...DTG did a +1000% move in 2 months. THATS insane. Every single stock i owned did at least 100% in the last 2 months. (I say owned because I've sold everything i was long in.) I am now a bear for at least a few months.
Quote from shortie:
What happened to "buy the dip"?
"Dip buying has been consistently rewarded lately and it doesn't much matter what caused the dip."
I've seen numerous ET polls and I've not noticed them having much in common with retail investor sentiment. The "crowd" here might not be right enough to follow profitably, but it isn't a good contrarian indicator either IMO.
As an example, there have been quite a few people bullish here on the way up, either from the lows or once the rally got going in earnest.