There should be a short term correction in the near future but in no way shape of form do I see another market crash in the near term. The risks in the junk bond issuance and credit quality are no where close to what we had in 07/08 and the underlying fundamentals of the economy, the credit worthiness are strong. The structural integrity of the markets are also strong. A few companies are overvalued, agreed but considering the facts that companies who were hording cash for years and now trying to open up their coffers tells me that there is more growth to be had in future. There might as well be bubbles forming, but as we all know, it takes few years for them to burst. So, enjoy while it lasts and try not be the last one holding the "hot potato".

How marco works? World is filled with crazy people..like you and I..That is how marco works. Marco or Macro..But the world is filled with greed and fear. That is how macro works. 

@Obama - There is no right or wrong. Let's keep finding good stocks. Whether through tips or through your own. The intention here is to not getting 'screwed' and decades of experience mean nothing in this business of being wrong or being right. If you say yes, then I'm going to smoke a joint for everyone's success as today is 4/20 -US version of shivaratri. Happy trading

https://www.youtube.com/watch?v=SydMJ1JwUPs This 30 minute interview is worth watching

@beautifool
its funny to see u deleted almost everything u wrote last night. In sober state, it probably did not even make sense to u too.
As another fellow nepali, I don't want to talk down to u. Reading books is good but it wont make u a great investor or trader. Ben grahams Intelligent Investor has been a must read in many schools and almost all the big money management firms. That alone proves reading is not the most important variable of investing success. Keep yr eyes and ears open and be humble.
Consistent returns for long term is the only hallmark of success and I can bet u there is more to it than reading books and finding stocks @ joestocks.com
Take it easy brother !!!!

I am not a value investor as I used to claim. I guess we change from experience. Nothing wrong on that but change must be positive for you to find peace. And also do my own stock picking- not sure why I said only the other way last night. One of my favorite friend who has years of experience bought ERII on my recommendation. He bought 4k shares for 4.85 per share. It is a water technology company. And they have energy conservation products. The products can help conserve a lot of energy in places where you require a lot of energy as your operating cost. So, they may do well, I told him and he bought. But I myself did not because there is a "may do well" attachment. He recently made 4 times with peix so he had no fear to give it a try. I was fine with JVA and eagerly awaiting for the quatarly result of ERII - hope he does well. If the company generates substantial cash flow and revenue growth, this company will become a billion dollar company within 5 years...Because their product is useful. I guess let's continue to share ideas. Does not mean ideas will work out well. Just use it as opinion. Because getting in and getting out...that is the most difficult part and once you're in, you're locked until you're out..you never know what's in the box of chocolate kind of a deal..this is what i find. sometime you get chocolate as profit and sometime you get slap as loss. lol. but i have seen disagreements among other people too. anyway, change of topic..le bron james made an awesome investment buying some shares of liverpool football club few years ago. he must have bought those shares for very cheap because it was during the middle of recession and now liverpool is back. warren buffett was le bron jamen's financial advisor. old man knows a lot of ways to make money for his clients- mainly himself.