Its Over

Originally posted by 1ronnie: ↑

The 64 million dollar people now ask is how to play this Bear Market.

The more sophisticated players would try Options which is nothing more than a bet. I don’t know how but you have to be a kind of expert to get them all right. Try Sportsbet maybe.

Some would try quality stocks and that’s what mainstream has taught us to do. To do that though , timing is still important. Just like I showed previously how you could stay submerged for a better part of 7 years buying BHP at its prior peak back in 2008. Quality stocks have yet to be receive the brunt of the bear just yet.

Some would punt on remaining sectors or rotating sectors still enjoying some exuberance…but that isn’t safe too , all good if you had joined the oil and coal gravy train early on but now more like stale bulls egging on the newbies trying to buy some spark. Even then when tsunami comes nothing stands in its way…no one is gonna think those commodities are short…they can be short but they would be less in demand and prices already factored those price gains.

Some would be going into bonds perhaps enjoying some return premiums over cash, but what if inflation continues to stay higher for longer, bonds are starting to look ok but you can’t be sure yet.

Then some newsletters may have some wonderful stock tips where to park your money safely eg in unloved sectors like gold etc with a longer time horizon. Yes sure but like I asked the other day would you get in now if there was a good chance we have a further 20pc fall to go?

Some say why not short stocks or BBUS or BBOZ? Shorts can be equally dangerous because it is hard to predict price movements in the short term. Moderate exposure to BBUS and BBOZ is ok but they’re not exactly to Hold plays. Remember markets go higher in the long run, well indices do because they are kinda tweaked.

The only guys who seems to say Cash is Graham Summers and Vern Gowdie. But Cash is trash and subject to inflation you say. Who says one has to be in Cash forever, Cash allows us to stay sidelined and watch over next 3-4 months and pounce at the depth of the carnage when it unfolds. Perhaps no carnage, perhaps we have bottomed? Well never say never but you still don’t lose anything and there’s time to switch and jump onboard when the coast is clear.

Is that worth so much to pay newsletters trying to sell new services on how to beat the Bear?

Must we ever be in something or dabble?

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"all good if you had joined the oil and coal gravy train early on but now more like stale bulls egging on the newbies trying to buy some spark."

lol what?