Comments for the week or days ahead.
In a way, we are bad investors. For Buffett, he just look at the economy, if the economy is okay, he just buy every dip and hold it for a long term. Over times, you will make a lot of money.
Look at DOW index, it was 100 at the turn of the 1900, now we are debating if it will break 14000 or not, so even it drops to 10,000, what's the big deal, you just buy more.
Well, if you have 10 billion dollars, you can just invest like buffett, you are pretty much gauranteed to get 10% returns. But for guys like you and me, we want to take a ride when market goes up, and we max out. When market hits, we don't have ammo's to buy dip any more, so we end up always lossing money.
Now, for the week ahead:
Smart money destination, unclear. Those guys added more positions on S n P. Mysteriously, sold off for Dow, Nasd and Russ. What happened?
They all predicted there will be some kind of pull back, and they know after that is a big up side. They waited, waited for the dumb money, small investors to sell, but nothing happened. So they are waiting. But most commentators expect a pull back, see below:
Tech Analysis
Reiterate: CFSG is a buy,
Look for a decline on EPR.
Enjoy,
Swimmer
Sunday, August 26, 2007
Market View
Subscribe to:
Post Comments (Atom)
4 comments:
so mkt swim-you smart fella-no fart smella-watchin your pics to sell shrt on AUG 22 thqi,abg,wm
all did the dive do do dada-nice esp into the future-we have a vote of confidence in your abilities which seem sound and reasonable-where od we go from here? also i was part of a paid service(pattern trading) and i think the market makers knew what they were up to most of the time-so a lot of trades would execute and falter trapping a loss in our laps-the only way for you to be successful is to fly under the radar or the house will not let you play and ask you to leave and if you refuse tony and gino will take you out back and ruff ya up a little as they empty your wallet- we dont wanna see that happen or be in your company when that happens- so we eagarly wait upon your words of whimsy and wisdom for a chance to beat the house and win back some of our quarters dimes and nickels-slot machines are hungry and i am not opposed to shrting them into a bottom which i will happily go long again-if they deserve my investment money-thanks a million and keep up the good work-Spud
Thanks, I believe if we stay together, if we play the cards right, we can beat the house in their own game. That's the real purpose of this blog. Most people don't understand that and they listen to the house and are willing to be manipulated. I think you and I know that, that's the best way of empty our own pocket. If I have a large audience like several million, I am running the risk of being another Cramer, leaving foot print and the house will catch us. But I don't think I will ever be that popular, or I want to be that large. I only hope we have a few hundred to 1000, we follow certain strategy and we all will make money.
Big guys have their own problems, they can not make a move without leaving their foot print. We can, every one of us using a couple of thousands, we become our own hedge fund and the house doesnt have a glue.
So come back and I will make some announcement.
Very good with CFSG,
I wish I'd read your post before the opening.
Best.
once again good DD -we sit on the sidelines waiting and watching-i read the article you posted,the link to market sense-we have the same uneasy feeling that the other shoe is going to drop-and this sideways to up action is a BEARTRAP for optimistic longs(i got caught in one with NFI lost 30K)so i am wary-
great call with CFSG waiting for more downloads from the rebel alliance-ready to attack the deathstar-down with the empire-may the force be with us
Post a Comment