A false or mistaken ideaAn often plausible argument using false or invalid inferencesource: http://mw4.m-w.com/dictionary/fallacyI am sure we all have plenties when we trade or invest. Example: VMW to the moon.Need I say any more?
beanie,Name you time frame and I will bet you that SLX or MOO will outperform PBW.
3 years from now:PBW from 25 to 100 (hell yeah!)SLX from 88 to 350MOO from 53 to 210NLR from 39 to 155Which is more likely? PBW, back up 9 trucks.Btw, PBW is an etf. Nothin wrong with 50% of your money in it. Just watch the sector and watch the chart for developments.