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<p>[QUOTE="masterswimmer, post: 26679612, member: 102022"]Agreed, but the fundamentals are much deeper than just industrial. I'm incredibly confident the next run up will blow past the last $120 peak. </p><p><br /></p><p>I can easily go into specifics, but the thought of typing out all the various contributing factors is just too voluminous. I've been following the underlying reasons for this incredible run up, and there is zero cause for concern, in my opinion. Last Fridays <span style="color: #ff0000"><b>-32%</b></span> debacle was the brief window I was looking for. I liked the $74 entry point. The window remained open and the additional drop to $69 on Monday was a no brainer, for me. Considering I like the underlying fundamentals, and I liked the $74 price point, there was no reason <i><b>not</b></i> to like the $69 price point as well. </p><p><br /></p><p>To paraphrase my good friend <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> Warren Buffett, 'when everyone is happy and content, you should worry. When everyone is scared, buy buy buy'.</p><p><br /></p><p>His actual quote was, <i>"You try to be greedy when others are fearful. And you try to be fearful when others are greedy"</i>. </p><p>- Warren Buffett</p><p><br /></p><p>I've been successful with this strategy for quite some time now. Good luck y'all.[/QUOTE]</p><p><br /></p>
[QUOTE="masterswimmer, post: 26679612, member: 102022"]Agreed, but the fundamentals are much deeper than just industrial. I'm incredibly confident the next run up will blow past the last $120 peak. I can easily go into specifics, but the thought of typing out all the various contributing factors is just too voluminous. I've been following the underlying reasons for this incredible run up, and there is zero cause for concern, in my opinion. Last Fridays [COLOR=#ff0000][B]-32%[/B][/COLOR] debacle was the brief window I was looking for. I liked the $74 entry point. The window remained open and the additional drop to $69 on Monday was a no brainer, for me. Considering I like the underlying fundamentals, and I liked the $74 price point, there was no reason [I][B]not[/B][/I] to like the $69 price point as well. To paraphrase my good friend ;) Warren Buffett, 'when everyone is happy and content, you should worry. When everyone is scared, buy buy buy'. His actual quote was, [I]"You try to be greedy when others are fearful. And you try to be fearful when others are greedy"[/I]. - Warren Buffett I've been successful with this strategy for quite some time now. Good luck y'all.[/QUOTE]
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