Discussion in 'Trading' started by asap, Nov 18, 2008.
See for yourself.
I just had an epiphany:
this market is really f*cked.
It's the DJIA. It's above reproach.
You guys are soooooo full of beans.
Market timing doesn't work because nobody can pick all of the tops and bottoms.
True, but you don't need to pick all tops and bottoms anyways. You don't need to pick ANY of them for that matter
Whaddaya mean? I heard them say it on CN-BS, so it must be true.
The argument for buy & hold is that you can't time the market.
But, as this chart shows, buying at the top can suck really bad if you hold it.
The answer? Cut you're losses, don't buy and hold a loser.
Sounds like market timing to me...
The sheeople have to come to light that the US STOCK MARKET of Equities is not the only place to put your money.
Plenty of other areas to invest in.
For some reason the last decade believes that the STOCK MARKET will make them rich beyond anyother investment.
Buy and hold, buy and hope, buy and get raped. I have tried these strategies and all they did was make me poor. Trading is the only way to go in the markets. Everything is suspect and everything is a pump and dump as far as I am concerned.
Separate names with a comma.