1. Peter Allenby says:

    Your analysis is spot on. Like you, I have lived and toiled in the markets during earlier dalliances with the bright shooting stars of the day(s). While timing is important and over-valued securities can become even more overvalued, Those who bailed out of SUNW at 9X Sales were happy enough missing out on the tired to 10X and then back down to 2x or 1x sales or wherever Sun microsystems ended up… A query: Does your Right cycle system utilize and profit from these overvalued supernovas turning into black holes by shorting crazy prices? These fish are crowding the barrel almost to the point there is no water to be seen! Or is this too fraught with the risk of a stock like Amazon moving to a $2 Trillion valuation? One of the more timely and better-written market observations I have read in a long long time. Thank you!!

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