Greg, I am an investor, but I want good value for a stock I am purchasing or holding and when that stock becomes overvalued, it is ridiculous to say that taking some profits off the table to wait for a pullback is a bad idea. I also have a list of stocks I would like to own and prices I would pay for the given stock, only when appropriate valuation is there will I buy them.
What you seem to be preaching here is buy whenever you have the money, that is a good way to fall into the usual main street investor trap of buying too high. If that's what people want to do, then more power to them, but just like looking for the best deal on car parts, or whatever, I am going to do the same when buying stocks.
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Dannie - 2009 Corvette Z06
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