No offence GK, No I don't do charts and do agree the trend is you friend. I am an otherwise investor and feel as of late (2 years) people have become complacent. I do not use money I cant afford to lose. I have always invested long except briefly in 2006 2007 when I had PUTs on ASX 200 but initially got timed out on my first (March 2006) and did well later. I tend to like some stocks and go hard eg old Yates, became Ausron Ticor Biota Bristile The stocks where I felt they were fundamentally undervalues(stocks were in my wifes name) I went very hard, we have been in top 20 shareholders on 5 occasions including Biota all have come home hence have long term outlook. My biggest mistake was buying Telstra at $2.65 a huge amount and selling out at $3.05!! in spite of me reasoning they couldn't go below $2 and couldn't lose with the divvy. I was too negative on the market then. Have had CFD s since April last year and prefer to hold rather than buy sell too much. I think my personality doesn't suit CFDs but don't believe in the market it is range bound and nervy. Am going to Melbourne next week to teach on APLS and then attend the conference world war D on Monday 31 and 1 April. Don't have much of a heart in shares any longer. Have had shares since 1976 the year of Soweto riots in South Africa. The market is too much sentiment at present and the feeling I get is govts are pushing GROWTH propaganda because of unemployment - too many people in the world. I know propaganda from living in South Africa. I do not know what it true or false ant longer.
