cute fuzzy bunny
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Well, there sure is a lot to be said for momentum investing. I used it in the late 90's. Hard part is you have to know when to stop before things start tumbling when a bear hits, because the momentum is a little stronger on the way down than it was on the way up. Worse than snickerdoodles, it suckerdoodles.
Oh, and once you've figured out that you have to stop for a while, you have to figure out when exactly is the good time to start again.
But clearly some folks have figured out this combination of market timing and mass group psychological evaluation.
This from a guy who used to be a stock picking, momentum investing, leverage using, financial porn reading, investment scheme subscribing, active management madman.
No free lunches. No sure fire systems. No way to beat the system long term. You may be lucky, you may fall victim. Or you can just play the smart money.
Gambling sure is a lot more fun though, as long as you know thats what you're doing.
Oh, and once you've figured out that you have to stop for a while, you have to figure out when exactly is the good time to start again.
But clearly some folks have figured out this combination of market timing and mass group psychological evaluation.
This from a guy who used to be a stock picking, momentum investing, leverage using, financial porn reading, investment scheme subscribing, active management madman.
No free lunches. No sure fire systems. No way to beat the system long term. You may be lucky, you may fall victim. Or you can just play the smart money.
Gambling sure is a lot more fun though, as long as you know thats what you're doing.