XJO 0.74% 8,285.2 s&p/asx 200

Thanks Fleta. Great post.If anyone picked the top or bottom once...

  1. 1,764 Posts.
    Thanks Fleta.
    Great post.

    If anyone picked the top or bottom once or twice - that was all is was imo. LUCK.

    But unless daytrading we must make a decision when to go long /or medoum term long (7 monthly or so timeframe).

    In and out imo is for the daytraders/big boys and some well off sef funded retirees - and of course the gamblers.

    Most of us would do better trying to see value and then going long medium term.

    I feel selling now is a bad move. That was a few weeks ago. maybe wrong - hope not for BD and the like carrying losses. Too much media this week on gold as well - almost daily - seems to me a top is forming. At least for 2011.
 
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