XJO 0.58% 8,091.9 s&p/asx 200

dow theory all bullish, page-13

  1. 1,535 Posts.
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    lol, that was funny!
    My feeling is we are in a reasonably stable market at the moment, but stocks with even a hint of bad news are getting punished quite harshly which adds a bit of spice for traders.

    There is still plenty of investment money out there, and we wont see to much shrinkage in the market place until it starts to dry up.
    There could be external factors that drive the market down [such as 9/11], so no one can say for sure.
    All we know for certain is a crash is coming, but that could be another 8 months away; Damned if I'm going to sit my cash on the sidelines for that long !

    I find it best to hold some solid investments [whilst watching the chart for weakness developing] and keep a large % of day trading cash on the sidelines overnight.
    I don't see a problem at the moment, but have a risk managment plan already in place.

    Long live the Bulls !

 
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