re: vt123 up 12 percent
Up she goes. Great news and got this in my email today. Tell you what Im a great beleiver. Read on ... Hi Anthony
It's been a trying market since May, but I believe our patience will soon pay off. I expect a rally to begin within 8 weeks.
Before then though, it is possible there will be a major malaise.
I say that because September is easily the worst month of the year for share prices. That's the bad news.
Now for the good news.
Just as September is the worst month of the year for share prices - October is the BEST month of the year for buying oversold conditions - based on available historical evidence.
It makes sense that October is THE best month for buyers.
When is the best buying available for discerning investors ? Answer - when share prices are oversold.
When are shares typically oversold ? Answer - Sept to Oct.
In other words, if you like to buy great companies at rock bottom prices, the hunting season runs for the next 8 weeks.
In the next 4 to 8 weeks I anticipate major opportunities will be available for growth focused investors - for those who like investing in companies expected to post rapid profit growth.
Keep in mind, the objective is to buy low and sell high, and the only sustainable driver of that scenario is rising earnings.
Share prices are based on earnings, so in general terms, if a company's profit rises 50%, it's reasonable to expect the share price can also rise 50%, assuming investors are willing to pay the same multiple of earnings for the shares.
Profit growth is a major focus here at I4P, and based on our record thus far, it's an approach that works particularly well.
LAF Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held