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.
- Forums
- ASX - By Stock
- XJO
- monday the bottom or not
monday the bottom or not, page-76
-
- There are more pages in this discussion • 144 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,261.5 |
Change
-33.600(0.41%) |
Mkt cap ! n/a |
Open | High | Low |
8,295.1 | 8,295.1 | 8,251.9 |
Featured News
XJO (ASX) Chart |
The Watchlist
3DA
AMAERO INTERNATIONAL LTD
Hank Holland, Executive Chairman and CEO
Hank Holland
Executive Chairman and CEO
Previous Video
Next Video
SPONSORED BY The Market Online