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Politics : Idea Of The Day
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To: PMG who wrote (33220)9/19/2000 6:50:37 AM
From: IQBAL LATIF  Read Replies (3) of 50167
 
PMG..

Since 1995 the bulls are so aggressive that they have lost touch with market retracements, markets need to move up and straight any basing or retracement is considered as a harbinger to greater bear market the fact remains that majority remains kind of weary of the recent gains. The confidence that market has made the long term investors or even the short term ones prosper is missing, we are all kind of prisoner of seeing a big one if market can go up to 11000 plus from 3800 in 5 years we are prisoners of the thinking that why can't it give up 60% of htem ove, it is this debate that has pre-occupied our actions and it is this fear we see in posts when we see serious selling.. Without fear of losing any money is worthless, it is the risk part of the moeny that makes money made in stock market a reality, some of it has to evaporate and those who cannot take that heat or the weaker hands are tried and subject ot all kind of pressures, for stornger hands we need strategies, the fluidity of the market demands that we evolve new directions and try to make some money in days of higher volatility..for that key indicators and breaking of supports are tobe respected, for someone like me I react late on a break but I ma grateful as I also save myself from lot of pressure as a result of inter day noise of the markets..
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