Some people I know are going long right now. Not to say they're smart or dumb but they're probably not smart.
It is your monies, so you should be able to invest it where you want it. Who else on the planet will look after your best interests, if not yourself? The guy is a tout selling you doom and gloom. No different from ET foreign trolls coming here to tell us the sky is falling, recession is upon us and you better prepare for the end of the world. How are these geniuses doing so far? A number of them have lost their shirts because they are stupid idiots shorting a market that is trending higher?
Based on technicals, fundamentals or both ? Or do you have, simple folks in mind, that are completely not awere, of those two ?
The people I know are smart and long term investors so it probably doesn't matter to them since their horizon is longer.
You mean like Dozu888? I think he invests in QQQ? Claims it is great or better than short-term trading..I THINK that is what he BASICALLY says.
I used to think the same, but as far as i know now, hes quite aware of technicals, doing his stuff based on monthly candles. Almost like swings, yet even longer terms. @dozu888 feel free to correct me Wheres typical avarage passive investor, wouldn't register in this forum, since deeper level thoughts about finances, makes one bored/exausted and instead, all there is in mind, profits. Less or more, doesn't matter to much for those...