There is no "SHOULD" in the stock market....
I"m with DALE 100%....
What you all have in common, is that you feel VERY strongly on your stance
towards the markets future direction.
You have already whatever outcome you want to see, and then spend your time
looking for any evidence supporting your views.
Why bother watching the markets at all? Just take your stance and be done
with it....
No one here seems to be interested in changing their opinions, but just
finding others who also concur with theirs.
What's the point? The market will take it's course, regardless of your
opinion of it.
Your fatal flaw is you come to the markets everyday with a preconcieved
notion of what "should" be.
But in the stock market, there is no "should" or "supposed to be"
......There is only what IS.
***Why are you people in the business of fortune telling? ***
In doing so, you are only robbing yourself of the opptys the markets present
daily.
Playing the markets is much simpler than any of this.
For example, when a stock gets an upgrade, I dont care if the sun is going
to hit the earth tomorrow, I will buy it.
I don't know or care about the company or markets in general, all I do know
(or care about) is that others will buy the stock..
When I feel the selling is starting to outweigh the buying , I sell. End
of story. That's all I need to know to make profitable trades.
PS: Why would I bother tryng to make parallels of todays markets and that
of 70 years ago?
Are there people who have spent the last 70 years making countless parallels
?...Too bad for them.
Why does history necessarily have to repeat itself. ?
Those who are adamant of this have missed 70 years of a bull market...
Sounds silly, no ?
If you got struck by lightning once, would you spend the rest of your life
convinced you will get struck and second now?
IMHO, your flaw is you think there is a "right way".
There is only ONE thing that moves a stock, buyers and sellers.
Just b/c earnings worked in 1900, dont think it will work again.
Thats what these jackoff fundamentalists/value/fund mgrs investors dont get. BUYERS move stocks, not facts or reality....
Yea, the burn rate articles caused a selling panic in April, The reason the net stocks crashed was NOT b/c of sudden move to rationality. It was b/c people were margined to the hilt, and there were no buyers left...Loaded boat, no more , no less. The rest is a chain reaction....The burn rate Barrons article was just the catalyst.
www.cross-currents.net
In the time when it is EASIEST to make money in the markets
(due to the mass public participation) Fleckstein and other so called
"experts" are simply on the sidelines missing out.....
The experts seem to spend more time than anyone analysing the markets,
yet seem to make the least.....
Ironic , isn't it ?
The key to stock market success is not identifying what YOU think can, will
or should happen,
but to act upon (and on good days, anticipate) what OTHERS will do.
I have NO concern or opinion on there the markets "should" be. |
