stock, I would like to humbly suggest VMW as a candidate for the index. Strong stock, huge growth and earnings, international product, no competition. Real potential. What do you think?
You don't need to call tops... it's just about weighing the upside to the downside. After a point you just have to realize you have a lot more to lose than gain.
VMW is on my 'extended' index which I created on 10/24/07 http://elitetrader.com/vb/showthread.php?s=&postid=1653324#post1653324
A lot of people make the mistake of avoid stocks after they have gapped up. Usually stocks continue to rally after gapping up from an extended base.
So easy to make money MA will keep going higher Perfect buying opp. Also, the whole index is up and continues to beat the market on a day by day basis. With MA up a whopping 17% and everythign else I'm sure by now the entire index is up 50% since 6/24/07 while the rest of the market is only up a few percent. So far, its been a huge run and there is no sign of slowing. And the upside is simply unlimited. I'm not joking. There is no reason for any of these stocks on the index to not double within 2 years
Congrats Stock, another solid day! Nov and Dec are usually strong months, let's see how these growth stocks do.