Forget about fundamentals I've noticed so much bs floating around HC about how good xyz company is and why isn't it being noticed by the market.
Gold stocks are taking a battering look at the price of gold
It's called fear - FEAR emotions maketh the market.
Problem is a lot of people have become complacent having been used to a bull market,suddenly the tide turns people are left wondering how is this so!! This can't be right.
Fact is In a correctional stage or a bear market fundamentals GO OUT THE DOOR Regardless what you or I think the market doesn't give a rats it will take it's own course how and when it chooses.
Get used to the fact 2008 will be an entirely different ball game. If you are shorting the market then the world is your oyster at present. Learn how trade/invest in times like this not complain.
BLR as well as many others will have their time in the sun
when the market sees fit to acknowledge it.
For the record this post is not focused on anyone in particular It is merely an observation - when trading or investing psychology plays an important part in risk management.
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Forget about fundamentals I've noticed so much bs floating...
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