XJO 0.08% 8,291.8 s&p/asx 200

dgoranssons - herd management thursday, page-156

  1. 6,609 Posts.
    Disco, for the long term longs there is no hope. By way of example I will retell the story of my father. "Dad, we have hit 5000.... sell". "Son, no it is going to 6000".

    'Dad, it has hit 4500, sell'. 'Son, no it is going to 5000'

    Buy and hold is death. Problem now is that you think it will rebound. I do too but what if it doesn't? Tight stops!
 
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