T A A wrote:
401 OK wrote:
agip you and flagpole should have a batphone sort of device. i'm sure that any time you sell, flagpole will be willing to buy whatever you have.
down close to 200 now, watch for the intraday mas rebound, lol
Yes, indeed, decadal is the right time frame.
Which one of the following do you not believe:
1) Numerous studies have shown that nobody can predict the short-term swings of the market with sufficient consistency to profit from it
2) You are not the exception to 1)
Because if you believe 1) and 2) (and only a fool believes otherwise) then it is lunacy to try to adjust your investments on a shorter term time frame and somewhat worse than a complete waste of time to concern yourself with such tracking.
I am sorry but that is just the way it is.
the thing is this - there are risk control systems that seem to work if you stick with them through thick and thin. For example, I try to use a system that says sell stocks when they finish a month below their 200 day moving average. That isn't exactly short term, but I think it argues against the view that buy and hold is the only way to invest. it doesn't always work, but it will help protect against the 30-50% drops.