everyone wants to make money but few put in efforts...
The turbulence and volatility of stock markets are fodders for traders
4th/Qtr always has the most spirited swings
You make or loss as a bull or bear & dies as a sheep
Earlier I have sounded an alarm of possible downswing as 4th/Qtr draws near
We have seen the deep-cut swings
Is the worse over? Markets are fundamentally & technically driven.
Above all, it is "Psychology"
Read the mass impressions & reactions right and you'd be with 'safe' from herd's instinct
Reading stock markets trends is not a science
You need to do some homework in order to save your wallet from emptying
Technically, some charts are exhibiting their final "sell out" & they look like a "bottom out" situation
This is no consolation to many who still hold 'expensive' investments
But, if you are a long term investor, guess, life will recover
Be prepared for wide range whipsaw & do not expect immediate reliefs
My crystal ball points to a minor recovery (rebounds from lows) in January/February 2019
With a surprise meaningful recovery by Mid-2019
Don't take my words; I may be wrong but if you made it, do spare some to charities and poorer others
Frankly, 2019 should ends better than it starts
I am borrowing this title "The Land That Failed To Fail"; such appropriate title for stockmarkets
Whether you are a Bull or Bear, you make money riding the flow
Only the Sheep that follow dies
It is fun being a desktop wizard
I have been accurate and correct but nobody recognises nor 'employ' me
Alas, an undiscovered gem is useless to all
Waiting for someone to discover my talent
3 comments:
*For most, 1st/Qtr is still treacherous & only meant for the strong hearted*🙏🏻
Trade with care
Short term: *The S&P 500 & DJIA seemed to have safely rebounded (double bottom) but Nasdaq is still in the 'mud'*
It's 8 January; the huge swings in the stockmarket may have millions$$ wiped out just as some may have made.
The intermitten rebound is a consolation to some but the lower lows are reasons to be concerned.
Watch your wallet and hold it tight. Good luck
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