Building a sizeable position - Portfolio allocation, page-2

Anyone flipping out over a little day like today is a muppet. Today was a nice day because we were given insight into the fact that things are ticking along.

Look at the lifecycle of the company: is it where it should be? Yes. Look at the multi-year chart: is it intact? Yes.

This is a mid- to long-term proposition and if the company strategy stays on track the SP will eventually go UP. All investors need to be is patient, and vigilant in case the mid- to long-term thesis breaks down.

The next serious leg up in the chart can happen quickly, even over a couple of weeks. Those weeks could be within the next 2 months, or those weeks could be in a years time after the SP undulates sideways or even downwards. No-one knows.

It shouldn't even matter, unless you're one of those HC fantasists who thinks they should be doubling their bank every year on disallowed. And if you think that's even remotely possible, you are a classic stockmarket mug.