Quote:
Originally Posted by harsh.bhavsar
Hey guys,
Thanks for the replies. I will check out the bear market fund and see what it is.
On my note to the market, I am assuming that on the basis of what's really going on right now in the economy. I just don't see a good rationale behind some of the things fed is doing - not increasing interest rates, bailing out banks, etc. market (in my opinion) is headed for much more trouble after the housing market burst. I think extra amount of cash flowing into the society created by Feds would make the matter worse by creating inflation to stabilize conditions in near short term but its long term effects are not good at all. I am no expert by any means and am just getting my foot into the whole finance/economic world but I can see the trend down hill - I can say that we are going to be in bear market, if not already there...
Harsh...
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Hey Harsh,
Thanks for that its definitely some good points that you make and I think that there are a lot of people that agree with them.
One of the things that I like about technical analysis is that it allows me to confirm fundamental beliefs like the ones you have outlined above and make sure that the market is reflecting those beliefs.
I learned this one in college watching the NASDAQ go up up up even though everyone seemed to know that the valuations were insane. So from my experience anyway the statement that "the market can remain irrational longer than you can remain solvent" is one to always heed when trading fundamental opinions on the market.
This is another reason why money management is so important when trading opinions about the market and one of the things that Airelon does a great job of explaining in his free
Intro to Trading Course.
Thanks again for your contribution and look forward to hearing more from you in the future.
Best Regards,
Dave