Originally Posted by
Baa_Baa
It's awkward, sometimes, being on the sidelines watching an 85% appreciation in a SP in just over 6 months, especially when it's relentless appreciation. More especially when one doesn't understand a growth story or know how to participate in it. Or maybe just missed it, as we have all done from time to time with various stellar companies. Sometimes they just run away from us and we can't explain why we didn't act on it a lot sooner, or at all.
Some people might be better not to torture themselves wondering why and just get on the train (assuming an ability to pick where to get off again), or wait for the next re-entry, which will come eventually, as it always does. It might be above where we are now though, one never knows precisely.
But be careful, some stocks just run away from you and when the inevitable decline happens and the buy-in of the decade emerges in that stock, we tend to dismiss it with trivia that self justifies our reservations to act. TA eliminates a lot of that stuff, for the disciplined investors, it's easy to say, hard to do.
No point in commentating from the sidelines when it just reinforces others views that one doesn't have the wherewithal to have got on the ride, let alone know when to get off.