MPO 0.00% 14.0¢ molopo energy limited

Guys, (&girls)it is also to get a balanced view of trading.. You...

  1. 1,691 Posts.
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    Guys, (&girls)

    it is also to get a balanced view of trading..

    You only got to read the asx thread and see the bulls and the bears at it..

    remember we are not re-inventing the wheel here.. these flows and ebbs of the market are as sure as the sun comes up and the moon goes down..
    Greed prevails and drives the markets up and fear drives them down..

    If we are only to read positive posts all the time then you are walking around with rose tinted glasses on..

    Hey.. I see even Scarva has attempted to dip his toe in the hold..

    I for one.."if" the dow is green for a few days will venture forth also in the more sturdy stocks..

    But only a fool stands in front of a tidal wave..

    Read some of Warren Buffets writings the guy didn't get to where he is now by holding tight to a sinking market.. he knew when to go to cash and when to get back in..

    A very basic rule of trading..

    I like MPO, like what they do, like how they are doing it
    and as been pointed out before..done my research and shared for all to see.. I'll be back in when the dust settles.. just not sure when, as my gut tells me this little down turn is not over yet..

    Time will tell..

    PS.. its not all good..Plenty of loses in the cupboard, I am still holding on to syg from the 2000 era, got caught with enough that it just wasn't worth selling them...live and learn!!!
 
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