DonCorleone77
Sep 28, 3:54 PM
$CRDO $VICR $RMBS $SIMO $ONTO
@Miha241 @dixiebull
Attached is from JP Morgan's Equity Strategy report issued today.
I think you will find what they are saying is consistent with what I posted previously.
However, as I have stated numerous times here before, EVEN IF YOUR THESIS ABOUT A SECTOR OR A PARTICULAR STOCK IS CORRECT, very few retail traders have the technical skills or the emotional mastery to hold stocks through the greater part of an upward, structural trend.
Invariably, most retail traders simply chase price action and do not fully understand what they are buying or why the market stands to recognize a stock and re-price it.
That is why they end up buying closer to highs (after the price action has taken place) and cannot hold when the inevitable consolidation/drawdown ensues.
Very few are able to buy when no one else is buying (again, your thesis has to be correct which requires a lot of research) AND have the patience to hold it until the market to recognizes the stock and re-prices it.
Again, all this is my humble opinion.
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