Quote:
Originally Posted by VRPdommy
Well, you can review my 1st 2 posts in this thread (page 1) ...read'm and weep.
I know how the market works and I made money and know when to get out.
More money can be made by me in a 'boom-bust' market.
It's not good for everyone else.
I don't like it.
But I decided long ago to make money, you need to do the opposite of what everyone else is doing. 'Cause most times everyone is wrong and it's because they are being mislead.
|
this countercyclical market strategy is not only correct it is also logic.
because to have winner it MUST have looser.
even when it often does not look like that in the start, the smarter and financial stronger ones will be able to generate losers because the have the longer breath.
one part of their capital will always be used to lead the the lemmings on the wrong track.
Quote:
I don't follow the crowd. I run from them. But it's all about timing.
I sold and shorted the market and made money on the down side.
LOL
If you can't beat them.... Oh wait... you can.
Thanks for the highly probable overheating the economy.
Future Interest rate hikes
Higher borrowing costs
Slower expansion
Lower corporate profits.
Without Boom-Bust, I would have to rely on dividends.
You didn't think they were going to hand those corporate tax savings to the investors in the form of a dividend did you ?
LOL
|
this is exactly a smart forcast strategy.
you never should go on a hype but know what is the consequence of it.
i always call that: sitting with my plastic boat in the dessert and everyone laughs about me - and they laugh til the water comes ;-)
this is EXACTLY what i have done all my life and I can not remember that it failed one time.