Stock markets will keep going up. Buy and hold worked before through the decades and centuries; it will keep working in the future.
By Daniel at 9 January, 2010, 12:14 pm
--------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------
That is the intent and purpose of the majority if not all of the market participants. Including the government who benefits from bigger taxes when the stock markets go up.
If you don’t believe stock markets will keep going up throught the next decades and centuries. Do not participate in the stock markets.
Or short the markets at every opportunity and make short and hold your lifetime career. Let us see if you can survive in the decades ahead.
Bottom fishing is one method by which more profits can be achieved. It has proven innumerable times in the past, it will keep proving itselft the best way to make the most bang for a buck.
You can achieve thousands of percent profit in years or decades ahead buying the bottoms and selling the tops.
I bought TEN at 70 cents in March 2009; it is now going into $12 for a potential profit of more than 1,600%. I already sold some at $8 for more than 1,000% profit and will sell some more in the next few days/weeks. The rest I will hold for at least 5 years. Who knows, in 10 to 20 years it could be $120 or $2,400 by then.
While shorting the market will never make more than 100% profit even if the markets kept going down to zero. Short TEN at $12 right now and you will never make more than 100% profit even if it goes bankcrupt.
- john
--------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------











No comments yet.