I think I did. I even called a top back in the beginning of the year (I did change my mind again).

Other than Baidu (BIDU) and the stocks that I own that have ‘exposure (never been a lamer word)’ to China, I have just left my bat on my shoulders. Shit…I am adding SINA so talk about a sign of a TOP.

With this raging bull, it would have paid to not think and just take the signals. Eric from Blackstar just pinged me with the news that LFC (China Life Insurance) has become their funds biggest winner since inception. Just a straight NINE plus bagger with no stops along the way in less than 2 years.

You don’t get those tracking fundamentals and thinking. You get those from trend following through huge bull runs. Now, if it drops 30 straight points, they will still be in…but whose to say it does not go to $150. LFC is what mechanical trend following is about . YOU ARE IN FOR THE MOVE.

I learn more from my misses in this racket. As great as this market has been of late, I have more misses than ever. I guess I deserve another Master’s Degree.