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Re: lifo post# 30605

Monday, 08/17/2009 6:41:40 PM

Monday, August 17, 2009 6:41:40 PM

Post# of 47366
Jack, I missed the target once again!
We have a saying in Dutch:

"Niet geschoten, altijd mis". . . (If you don't shoot you miss every time)

It's a bit of a contradiction. I would say: "If you don't shoot you can't miss". It's the safe way out for people that do not want to risk anything. Like: "People that don't work don't make mistakes", but also they do not learn anything new. My offer was of course half way "tongue in cheek" but half way serious. I would take up the role of a "broker" for a single experiment!

On this FOREX strategy I am also learning more as I go.

Today we are likely witnessing the beginning of the sell-off season.

I rather doubt it. I heard today that the mini rally was over and stock prices dropped today in Europe generally about 3 %. Maybe you heard this news as well and think that one should sell now before the prices drop 10%

Likely we are near a good time to buy again . . .I think they might even drop up to 10 % and then they will rise again by 20% and so we will cycle to a new high in 5 years, or so, so that every person except AIMers, the very poor and the professionals are elbowing themselves to the stock market doors to buy over-prized stocks.

Read my lips!

In 5 years nobody will remember I said this so nobody will take me to task for being wrong, if my prediction does not come out.

Conrad Winkelman
What is Vortex AIMing? Look for my Vortex Discussion Forum:
http://investorshub.advfn.com/boards/board.asp?board_id=1341

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