The problem is that for those who missed the boat of course they don’t look cheap. But the argument with the yield gap. And that thread 3.5 years ago I asked ‘are we gonna run out of shares’. Nobody has a counter. Sooper dooper dirt cheap. Open your mind guys. If it were that obvious everyone would be rich already. Society is a media driven herd. And my pro boys are certainly not publishing the yield gap theory right now. That’s why you need vision. Need independent thinking.
Oh so apple should be worth over $2.2 trillion dollars based on slowing phone sales and their new streaming service? Got it.
Considering, 99% study time, back testing dealing with risk control, which I might add is not 100% controlled, more likely not many books written, cause those who poured in many hours of study, really thinking outside the box, who wants others to know how it is done. Now anything over 29 minute timeframes gets hedged. You can use options, same futures (like a spread), stock options to hedge futures positions and you can hedge underlying then hedge the hedge. I have long stock positions so can keep rolling in dividends and sell puts, when patterns signals higher stats of reversals, don't know if retracement or found the tops. What I do that I am a bear or a bull? and I am neither, previous price action is fine for showing where price has been and for back testing ideas, I know the odds of equities to rise 66% of the time, and best 6 days is last 4 business days of the month and 2 days of new month. And I did not say a crash is due, no one knows if market will continue higher or lower. Question: off the highs, how much will you lose when your opinion changes to it no longer going higher? I will not have this overall drawdown, and at my age is huge factor, but system will continue to draw dividends, profit on hedges to null losses in stocks and short futures to gain overall on new position. So in a way I am both a Bull/Bear for those who want to wear correct hat. I am glad so many are optimistic.....I need to get to book store and see how many magazine covers talk about the Bull market, one of the best indicators of when it be sooner than later.
From the media, you'd literally never know that we're in a near-unprecedented economic boom. Supposedly workers are getting screwed by the rich as usual (never mind the lowest unemployment of my lifetime), Trump is going to wreck the global economy because racism, while CEOs, money managers et al are bearish to guardedly neutral. Not exactly irrational exuberance.