View attachment 535009
View attachment 535010
I'm reiterating this to try to prove a point. I didn't predict the future or read a cash flow statement, all I did was understand people and their emotions. Sentiment wins, NOT A GOD DAMN THING has changed since 50% ago. The "what about this, what about that!" constant chatter means fuck all. Learn to watch for sentiment to wash out on a company people have shown they CAN become excited about. Don't sell into poor sentiment unless it's an issue of a company being a going concern. When sentiment washes out and turns there can be significant returns. Understand people and you'll start making more money than worrying about CaseSchiller says its overvalued!
It seems to be the major theme of the year for me. Apple and Tesla both same situation and significant returns for me. Sentiment at tops can be a harder read because we have a default towards the positive. That may not seem true but you have to filter your thoughts to people that are the current holders. Current holders of any stock are inherently leaning bullish, Jack on the sidelines with his dick in his hand is certainly bearish but his opinion isn't nearly as crucial to current price action. The best way to feel tops is when there aren't enough dick holding Jacks sitting on the sidelines.
So i'll take my annual salaries worth of a return and feel real bad that "Apple Revenue is down!" and "EV IS DEAD" all the way to the bank.
Foler if your apprehensive about SNOW position and it's not something you want to hold I would trail this move with a stop. Hopefully you didnt sell at the lows.
