Herd mentality describes how people are influenced by their peers to adopt certain behaviors, follow trends, and/or purchase items.
source: http://en.wikipedia.org/wiki/Herd_mentality
What scares me is that everyone and his/her grandmas bought FXP today and it keeps going down. Now I wonder how much pain a person can endure.
Posted by
Unknown
at
4:07 PM
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 350
MOO from 53 to 210
NLR from 39 to 155
Which 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.
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