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He doesn’t influence the market. It’s annoying then you don’t have the right AA.
If you can brag when the market goes up, be prepared to accept the fact that it might go down. It’s up to the market. Nothing anybody says here will sway the market one way or the other.
Of course not. I did not imply in any way shape or form that they could.
Elliot Waves, Bollinger bands, Fibonacci retracement, dma resistance levels, wedge pattern, hangman, head and shoulders, cup and handle, doji etc etc
Is this just a bunch of hocus pocus trying to analyze a market that is in essence largely irrational or is there some predictabilty that can be established by Technical analysis.
A broker (can include mutual funds) is in business to make money. They take a cut from managing your retirement/investments and when you buy/sell stuff. They right away start using arcane lingo that makes you feel stupid, then you wonder "Who communicates like this?"
One thing I am sure about, they are NOT fiduciaries (so can't be sued unless for fraud) and if they screw up and cost you money, so long as they make "scientific" investments, they have covered their a**.
It's not a question what you know (unless you are an insider trader) but when you executes the trades. Buy high, sell low. Most stock trading is done with computers using algorithms without human intervention to make a percent of a penny profit.
I have never heard of a break-out technical analyst who has long term predicted the market.. Have you?
Do you know how effing annoying and disturbing it is to most people to read your continuous posts like that? Many people are retiring very soon. So stop publicly wishing for the financial devastation of others. Please.
Your outlook is rather naive... a crash is going to happen sooner or later, that is just the nature of markets. Are you of the opinion that the market will just keep going up and it will never ever crash?
If you selected the proper asset allocation and correct glide path you shouldn't be "financially devastated" by a major correction or even a crash.
Also, your personal situation is not "most people"... not everyone is retiring but then again not everyone has had enough money in the 400% prior bull market. There are a lot of different people in the markets.
And yes, I wish for a crash now and a subsequent recovery rather than going sideways for the next 5 years and then having a crash or worse going parabolic and then a 60% pullback and Great Recession version 2.0. The higher the markets go the harder they will fall in the future. Dismiss that fact at your own risk.
Relax guys. The market is down but it's barely down. Just 4.5% -- a healthy correction underway. And it's not like it is catching everyone by surprise as this has been a month long process already, unlike in 4Q 2018 where a week basically wipes off 10%.
So what, at the rate we are going, the market will be down 9% total by end-June. Maybe 10% in mid-July. Nothing to fret about.
Your outlook is rather naive... a crash is going to happen sooner or later, that is just the nature of markets. Are you of the opinion that the market will just keep going up and it will never ever crash?
If you selected the proper asset allocation and correct glide path you shouldn't be "financially devastated" by a major correction or even a crash.
Also, your personal situation is not "most people"... not everyone is retiring but then again not everyone has had enough money in the 400% prior bull market. There are a lot of different people in the markets.
And yes, I wish for a crash now and a subsequent recovery rather than going sideways for the next 5 years and then having a crash or worse going parabolic and then a 60% pullback and Great Recession version 2.0. The higher the markets go the harder they will fall in the future. Dismiss that fact at your own risk.
My outlook is FAR from naive. I just think you seem to be on this forum just for one reason...and it’s tiresome. You made an erroneous assumption that this has anything to do with MY personal situation.
My outlook is FAR from naive. I just think you seem to be on this forum just for one reason...and it’s tiresome. You made an erroneous assumption that this has anything to do with MY personal situation.
You can ignore his posts. He made erroneous assumption, he will pay dearly for it. Why are you effing annoying.
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One Thing I know for sure
