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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
 Posted - 06/28/2010 : 09:49:22
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quote:
Originally posted by Country
quote:
Originally posted by Country
If you are investing LONG-TERM (your time horizon is multiple years), one needs to focus on long term trends. Daily fluctuations are noise and will be quickly forgotton. LONG-TERM trends do change from time to time, from BULLISH to BEARISH, again and again. At this time, the LONG-TERM trend for the US stock market has been BULLISH. IMO, it was confirmed in August 2009, when the S&P multi-week 13/34 moving averages crossed at 903.
How you manage your portfolio, stocks or PMs, in a BULL market, depends on your risk tolerance, CASH needs, and other personal factors. Certainly, trimming some profits to BUY better investments, is prudent. However, once you have your DIVERSIFIED portfolio apportioned in a manner that works for you, SPECULATING away the profits is not prudent either.
So, the bottom line is have a plan, stick to it, and don't be swayed away by the talking heads, panicked investors, and foolish financial advisors.
Bull markets do end. As the US stock market is deteriorating at this time, a negative cross-over could occur soon, perhaps this week. Bull markets can occur within a secular bear market. Hats-off to jonflyfish who appears to have got out at the top of this bull market run. 
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I think it might actually require more discipline to sell your winners after a good run then it is to hang onto losers hoping they'll rebound. |
Hoard now and hold on!
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http://wherewillyoubein2012.blogspot.com/ |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 06/30/2010 : 19:05:47
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quote:
Originally posted by beauanderos
quote:
Originally posted by Country
quote:
Originally posted by Country
If you are investing LONG-TERM (your time horizon is multiple years), one needs to focus on long term trends. Daily fluctuations are noise and will be quickly forgotten. LONG-TERM trends do change from time to time, from BULLISH to BEARISH, again and again. At this time, the LONG-TERM trend for the US stock market has been BULLISH. IMO, it was confirmed in August 2009, when the S&P multi-week 13/34 moving averages crossed at 903.
How you manage your portfolio, stocks or PMs, in a BULL market, depends on your risk tolerance, CASH needs, and other personal factors. Certainly, trimming some profits to BUY better investments, is prudent. However, once you have your DIVERSIFIED portfolio apportioned in a manner that works for you, SPECULATING away the profits is not prudent either.
So, the bottom line is have a plan, stick to it, and don't be swayed away by the talking heads, panicked investors, and foolish financial advisors.
Bull markets do end. As the US stock market is deteriorating at this time, a negative cross-over could occur soon, perhaps this week. Bull markets can occur within a secular bear market. Hats-off to jonflyfish who appears to have got out at the top of this bull market run.
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I think it might actually require more discipline to sell your winners after a good run then it is to hang onto losers hoping they'll rebound.
I use to be an NASD register representative. And what Country said is true or at least use to be true. I admit it has been a long time since I was involved with selling securities, but recently I was talking to a registered representative who admitted she no longer knows what is going on with the market. She recently has walked away from it for good. She use to be one of the best. |
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Think positive. |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 07/06/2010 : 09:43:09
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quote:
Originally posted by Country
Bull market in stocks continues to run. Remember when few folks believed me when the very bullish 13/34 week technical crossover confirmation occurred last August at SPX 903. SPX 1200 is not that far off now. 
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Today, July 6, the very negative 13/34 week technical crossover confirmation has occurred at SPX 1040. Even though the stock market is up over 140 Dow Points today, we are officially in a BEAR MARKET again. The short BULL run that began in August 2009 is OVER!! BEAR MARKET rules apply - SELL/SHORT ALL RALLIES. When there is indicision in a BEAR MARKET, it is resolved to the down side.
Jonflyfish called the market top around SPX 1200. My hat is off to him for that great market call. By the close of today, I will be completely out of the stock market, selling into today's strong rally, except for some paper PMs. |
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Stocks Moving Higher: Fundamentals Or Technicals?
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