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Has the stock market peaked?
Comments
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Glen_Clark wrote: »Since we don't have that when we trade, we have to look at the next best thing.
Would that be the wh!!!e's drawers as someone mentioned?0 -
Glen_Clark wrote: »we have to look at the next best thing.
Divining the future from charts, using "technical" analysis, obviously.
'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB0 -
If it's a long term strategy, which it is, then, drip feeding is the only option.
One can pick any 5 or ten year period and come up with different results, depending on which period you pick.
Some Economists will pick a good period, to prove their point, others a bad period to prove theirs.
There's no absolute, and never a peak, or bottom, just , up and down, like the proverbial W*****s Drawers .And don't forget Libor, markets can be rigged.
As soon as it hits a certain level, profit takers dip in, and it drops.
Like me who sold most of mine at 7000.
It's hovered around 6400 for years.
You pays your money, you takes your chance.
It's not a Science, it's a Gamble.
Ask Warret;;;and Tesco.0 -
Divining the future from charts, using "technical" analysis, obviously.

safe as driving by looking only in the rear view mirror.;)
I was thinking;
1) Inside Information
2) A huge research team like Warren Buffet
Since I don't have either of the above I am going for
3) Diversification“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
some inane comments on her from the gamblers. I wasn`t going to bother here again but I know some are interested. No whys ifs and whats from me though
This morning I sold one at a mental stop loss and bought more in two I was already holding and a few of a smaller new company. Defensive is 64% cyclical 13% and sensitive 23%. Portfolio is up 32k from friday 13th. The scoffers on here, please feel free to scoff all you like, subtle or not, I am the one with the big smile
I agree with joe re drip feeding for the unsure but some take that to be catching a falling knife and that is where gambling comes in. Drip feeding steadily, month on month is good and don`t bother yearning after the 10 bagger, it is often fools gold0 -
of course you can post as much or little info as you like, kittie. it is very hard to tell much about your methods given all the missing info, though. a bit like a delphic oracle of investing. i do tend to agree with the high % in defensive companies, anyway.0
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The scoffers on here, please feel free to scoff all you like, subtle or not, I am the one with the big smile
Yet when challenged you get always get very uptight.
Nor ever provide any substance to your claims. Plenty of big talkers in this world. I found met few that ever consistantly deliver. As more often or not fortune is made through luck or inside knowledge.0 -
some inane comments on her from the gamblers.
I would say you are the one gambling on the stock market kittie and not the people arguing against you.
Being very results orientated is a hallmark of a poor gambler. Sadly it does also permutate the financial industry as a whole and it is the one lesson I think would be most valuable for people to learn.Thrugelmir wrote: »Plenty of big talkers in this world. I found met few that ever consistantly deliver. As more often or not fortune is made through luck or inside knowledge.
I agree with what you say about big talkers in general Thrug. There's always the exception and I have met loudmouthed show offs who could back it up with their own results but in general bluff and bluster is covering up for something.
Fortunes can indeed be made through luck, they can also be made through insider knowledge (legal and illegal). They can also be made making many many good decisions about your finances and letting the results take care of themselves.0 -
don`t bother yearning after the 10 bagger, it is often fools gold
But not always. A fair few of our nice things, and daughter's house deposit, came from a rather nice 20 bagger. However, I recognise that these are like hen's teeth, and have used most of the proceeds to diversify.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
I want to recommend a book to you mr poker
https://www.goodreads.com/work/quotes/245670-trading-in-the-zone-master-the-market-with-confidence-discipline-and-a
a wonderful, very highly regarded book. Good for those tempted to gamble the house and/or more than they can afford to lose
Another good strategy for me since start of my trading days, was to sell half to wrap up a some profit ie not to think that it was essential to sell the whole holding. I would say also to be objective as possible..
I must say that trading the dow was an endorphin rush and a half, I used to have 3 flashing screens and a really good charting system, updata. You certainly learn fast when dow trading, it moves like lightening. Trading my portfolio is much more relaxing. Not doing any more trading now, am expecting a possible santa claus rally but am pretty well confident in my asset allocation whatever happens in this uncertain world
pharma, oils, ng., ulvr, utilities etc all doing well. Down a tad on my two resources.0
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