08-17-2007, 05:15 PM
Aloha,
It takes a real cause to move me to write. How quickly the immediate past dies. When a market hits a big high, and turns - it heads for a big low. It is math, enhanced by gravity (and sharks). Nothing is more certain. If you want to profit, go with the market. Sell it down. The trend is down. You cannot row upstream when the current is gushing down. Do not be fooled by little rallies. They provide great profits for those moving with the market. Do not try to catch a falling knife. You will get hurt. Take a look at the charts. It may be 4 or 5 years before the trend reverses. This is no time to buy. I really am friendly, optimistic, and mellow. But not about being bullish when a market turns bearish.
Mahalo,
Mling
It takes a real cause to move me to write. How quickly the immediate past dies. When a market hits a big high, and turns - it heads for a big low. It is math, enhanced by gravity (and sharks). Nothing is more certain. If you want to profit, go with the market. Sell it down. The trend is down. You cannot row upstream when the current is gushing down. Do not be fooled by little rallies. They provide great profits for those moving with the market. Do not try to catch a falling knife. You will get hurt. Take a look at the charts. It may be 4 or 5 years before the trend reverses. This is no time to buy. I really am friendly, optimistic, and mellow. But not about being bullish when a market turns bearish.
Mahalo,
Mling