to retest may lows, page-8

re: to retest may lows maybe not omega and others
read Marcus Padleys report todays smh
he gives some good ideas about myths, and how you lose money by following same,
one is because a share has gone up, it must come down, and vice versa..............
absolutely nothing bhp is doing warrants a fall in sp, in fact yesterdays news about the huge jump in uranium prices, is more likely to spike the market than not,,,,,,,
of course if you are only talking about short term trades that is different
but if you are investing for longer terms, up to 12 months, the sp is more likely to go up than down
his main theme is stop looking backwards if you want to move forward
watch them all try to spook the market this week, for their own personal goals, to buy in cheaper...........
sept 11 of 5 years ago, then the oct crash of nearly 20 years ago.........smart investor will either ignore these temp trends, or buy more on the dips
cheers