XJO 0.41% 8,261.5 s&p/asx 200

monday the bottom or not, page-76

  1. 17,289 Posts.
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    If we are making our living or our fortune from the stock market then we need not concern ourselves with a depression in the real world.....high unemployment etc is not relevant. This is one qualification though.....we all need to understand that this is no time to be a buy and hold type. That worked well from 1982 to 2007 and will probably work well again post 2018.

    We now must become surfers riding the waves and dropping off the back of the wave before we get wiped out.

    As I have pointed out many times...the rally from the 1932 low to the 1937 high was nearly 500% !! That makes our resource boom of recent years look like small change.

    On the other side of the coin if you did see the warning signs at the beginning of 1937 you would have lost half of what took you 4.5 years to make in 1 year !!

    We now live in an era where fortunes are still possible but you need to be informed and on your toes.
 
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