Wednesday, Sep 02, 2009
Maybe another blow for the recovery?
Money week: Three signs that stocks are heading for a fall
After a big down day on Monday, stock markets took an even bigger hit yesterday. The Dow was down some 185 points, while the S&P 500 fell below 1,000. It was some of the nastiest action we've seen since early July, which is odd as only last week we were being told that the economic crisis has 'ended'
Posted by happy mondays @ 12:50 PM (880 views) Add Comment
6 Comments
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1. crunchy said...
This is how the big boys make their money.
You can follow the trend on any market. Yes, blindly following the money.
Golden rule. You must get in at the start of that trend to protect yourself and have the sense to get out when things look peaky, then move on. New oppurtunities are plentiful.
If only investors could adhere to this simple rule they would not become shark bait, but hey, that's how this simple game works.
Johnny come lately!
2. denzil said...
MoneyWeek was banging the same drum back in April when they predicted it was not the time to buy.
http://www.moneyweek.com/investments/stock-markets/dont-buy-this-bear-market-rally.aspx
Those with the guts did well.
Maybe they are right this time!
3. will said...
Oh another good article from Moneyweek - so why was my posting yesterday from Moneyweek slated as pure 'advertorial'?
Moneyweek have been bearish on stocks for about 18 months and have consistently called the market rise a 'bear rally'.
4. 51ck-6-51x said...
crunchy
- if all investors followed your golden rule there would never be any trends to follow; catch 22.
will
- because you posted a MoneyWeek spin-off which took realistic analysis and used it to try to sell something.
However it was not removed by moderators ( I don't know if anyone requested it too ) so it ain't all that bad! :)
5. crunchy said...
4. 51ck-6-51x said...crunchy
- if all investors followed your golden rule there would never be any trends to follow; catch 22.
That's why I said "that's how this simple game works." and "This is how the big boys make their money."
It still frustrates me to see people getting robbed by markets that are so obviously rigged.
If what I said helps a few investors thats fine by me. Volitility friend of foe? Tame the beast and claim the feast.
Nothing more to say Captain Mannering!
6. 51ck-6-51x said...
crunchy
- ah, sometimes your statements are too abstract for me :-/