The markets keep trending and the skeptics keep climbing.

THAT’S GOOD for the longs.

IPO’s – Lamo.
Semiconductor’s – Lamo

More fuel available and unlike others who see this as bearish, I prefer to see these two sectors underperform. When they HEAT UP – that’s when you start taking more money off the table.

In honor of the LONG’s, here is another one of my all-time fave movie clips: