Discussion in 'Trading' started by makloda, Jan 27, 2007.
HAHAHAHA, too funny, keep em coming.
cnbc in 3-5 mins is going to have a segment about how this market needs a correction.
Recruiting more shorts. Good good
I got it. Nasdaq celebrates Chinese New Year Shanghai is closed so they came here to buy
oh thats it....ha...
They have to convince everyone "the world is good"
did you catch Peter Schiff on Bloomberg yesterday for the one hour bull/bear debate in bloomberg? If not ill post it once its available.
I feel this is an extreme test of patience and discipline.
If one doesn't trade intraday (which I typically don't), it is not natural to chase performance.
I have a value screen that has served me well. Very, very, very few companies make the grade now when compared with last June.
Many of those stocks that I screened last June are now up 100% or more, in just 8 months.
As an investor, I can't become unhinged and undisciplined, and I know that capital preservation is an extraordinarily important aspect of long term performance in the equity markets.
With the exception of what is the now extremely rare select equity that is attractive, I will maintain an underweight position until we see a pullback.
This is even more so the case now that corporate earnings are slowing from the prior 16 quarters or so, and many earnings misses have occurred.
29 years? are you serious.. I'm only 24 years old.. What is going on?
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