MORNING TRENDSETTERS
Up and at'em Atom Ant.
Yes, that is the frame of mind we have to be in xjo'ers. Where are our buys and sells prices for the week? How much news will we let influence our trades, remembering that the news is after the event. Redbacka laughs at news - doesn't believe in it.
Retska is probably not a news man either. He is one of those that seems to know FAR more than I. As a 52 year old grandfather, I found myself pouting my lip, shuffling my feet and looking at my shoes with this..
'So Big Daddy, the question for this weekend I suppose should be - What is your trading plan?
Do you have a plan for the stocks you currently hold?
Are they investment or trading positions? - i.e. do you hold them for the next dividend and beyond, or for a quick trade (time frame/profit target/stop loss).
Is your intention to start making shorter term trades for profit?
Also, Mr B Diddy, pimp D of the West, are you able to take trades to the short side?
Regardless of whether the next year is a bull or bear market, those that can short the market are at an advantage over those that trade one way only.
Hint hint, hedge, hedge how would a portfolio of longs of the best performers and of shorts of the weakest performers go?' RETSKA
I was going to have you as the cranker today Ret but 'Ret's trading plan monday' didn't get the juices flowing.
Buy the strong assets when everyone is selling everything, and sell the weak assets when everyone is buying everything. RETSKA
And this, of course brings us to our man of the day.
Some say... that he is walking contadiction - a capitalist socialist and that he has made and lost enough to pay off Greece. All we know is that he is our...
VOLTAIRE
'I have looked over all my gurus and all my cycles for 2012.They suggest a major sell early March to early April.
Severe drop into late May to early July.
Then a huge rally into early September.
Then weakness into October with all sorts of cycles including 30 month.Then up to complete year.QED.
That sounds like most years, lol.' VOLTAIRE
Good luck today Bros and bras
---------------------------------
PS GJ - okay -Thanks for working that out. shot my theory full of holes full of holes LOL
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