Great week Neke.
That is correct.
Currency debased - check
Hyperinflation - check
Manipulation of the stock market - check
World War III - check
Anarchy - check
Very simple. Go long.
Excellent post Mike. Just to reiterate below.
"However the market is always right and stocks do exactly what they are supposed to do."
I agree, trading is not for you, seriously. http://www.elitetrader.com/vb/showthread.php?s=&threadid=191240
Simple, very very simple.
There is not one person who knows where the Dow will be in 6 months, 1 year or 10 years.
So place your bet where...
Wow. All these traders without a shred of confidence in themselves. Trading is risky, life is risky, marriage is risky, love is risky.
I've heard through the grapevine that my cousin's friend's girlfriend's mother's sister's old schoolmate is buying.
But I don't know how...
Dedicated to ByLoSelHi :D
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Excellent article. Any comments?
Sure is getting "COLD" in here.
"The market takes on whatever structure we give it."
It doesn't get any better than this.
You create your own reality. No exceptions period.
And there's the answer. Price action is an opinion and not a fact.
Whatever works and puts money in your pocket consistently over a long period...
"Beating expectations generally gives share prices a quick lift"
That's all you need to know. This has been going on for years, if not decades....
The US taxpayer :D
Clearly this news is irrelevant. All the MIs are up 6 to 10% today. You would think this would be negative news for them. I have been selling mine...
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