Stock Newbies…Please be careful

Investing is not easy. Life has been good on this blog and I for one am confident that I am not that smart.

Other than the barfing of financial stocks and homebuilding stocks this year, the market has been easy. That makes us look smart. Shit, even Goldman Sachs just rallied back 30 percent to within striking distance of all time highs. Was’nt the world ending a month back with the stock 50 plus points lower?

The stock market has a tendency to taketh back after times are too good. Times are too good in breakouts. Too easy.

I buy Synaptics…boom 20 percent gain. Nvidia… 50 percent, Baidu – boom another 100 points. I have seen this way too often. It’s way harder than this.

Please enjoy, but know that it won’t last and stocks drop WAY faster than they rise.

Now that it’s off my chest…Go GAIAM and EMC….wooooooooooooo

Disclosure – Long GAIA, NVDA, BIDU, EMC, SYNA

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