ASX 1.58% $64.41 asx limited

When the emotion is drained and the negative chatter diminishes,...

  1. 12,519 Posts.
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    When the emotion is drained and the negative chatter diminishes, then the market will change.

    It will take time. How long depends on the media and human nature.

    When punters stop punting because there is no one left to leach off, trading volume declines, a period of stagnation follows. Where else do they try to make a dollar. When the timid sell at the bottom and then realise there is no where else to make a quick buck, ah - the stock market.

    The housing market is now a different ball game. High entry prices and the chance of making a quick few grand diminishing by the day.

    Where else does one go to play without having to stich oneself to a financial institution for a millon years.

    Fundermentals, charting, professional advice, hunches, hot news, newsletters, tipstars the list goes on, it all part of the mix.

    The share market is a gambling casino. It will always attract the punter, just like the horses. Sure its not the flavour of the month.

    It will be again.

    There are millions of greedy buggers like myself waiting for the moment of change and then go for gold.

    Take a deep breath, opportunities will abound for those who wait and watch.

    Just like the lion waiting for a feed - watching the stock market is no different.

    The world today is now one of instant results, It wants a quick return.

    Stock markets will always offer the chance of making a magic pile.

    It trades on emotion. Now its looking like a jilted lover. What happens with a glass of champagne and a suggestion - whamo off again.




 
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