Friday, June 27, 2014 10:14:32 PM
So you know the game, why would you buy in a down turn? You short it. When it begins to ride, you buy at a dip, hold for a day and sell on the run. If it goes no where, ok lick your wounds and take a slight loss. But waiting for the pie in the sky, you're better off playing lottery tickets.
Stock is 98% following and 2% pulling the trigger. 1% to buy and 1% to sell. If you're wasting any more than that, you're doing it wrong. You'll never find a gem anymore as it's all monopolized. Like check this, Kroger? They sell gas, is that a coincidence? No they are owned by Shell.
You can't make this stuff up, they make money because people are naive and hope for the big pay off. Wealth doesn't accumulate over night.
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