One Way Tickets

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I look at hundreds of charts every day, and sometimes the number crosses into the four-figures. There is a certain class of stock about which I must scratch my head, and they are the ones which seem to, quite simply, do nothing but go up. I don’t want to own them, because they’ve ascended hundreds (or thousands…..) of percent, yet I don’t want to short them, because there’s nothing about them that suggests a top. But I gotta say, it’s a mystery to me why, on a daily basis,it seems that the world “discovers” these just a little bit more and nudges up their market cap. Endless trends violate my unfortunate need for an orderly world that makes sense.

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