03/07 Indices, page-16

Didn't we have only ONE global Pandemic since 2020? Looking at CSL's chart, you'd swear we had 3 or 4 global Pandemics. If that's not a sign that a Stock is Stage 3 Topping and isn't a long term hold anymore, I don't know what is. Dumb Money holding on for dear life. Sorta like Buy n Hold an underperforming Index Fund like VGS I guess.




Now, an astute Trader would've noticed the Stage 3 Topping characteristics of CSL post Covid and moved into an A Grade Index Fund like QQQ. Imagine the Opportunity Cost of holding CSL and its now back to its Covid Lows again!



Sadly, some people will make the above mistakes and never be able to afford to Retire. Sad and unfortunate.