GREY:TWNNF - Post by User
Comment by
cavedudeon Oct 04, 2011 9:12pm
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Post# 19119344
RE: Sitting Duck...
RE: Sitting Duck...Digger...deep...deeep.deeeep breath. As usual when a bit of unpredictability occurs in life, people turn to the most negative possibility. There is a mindset choice everyone can make during this time of uncertainty, a positive one...or a negative one.Either way, the way we think won't change any possible outcome over the next few weeks, however, what is the point of adding negative thinking to an already unsettling situation? None of us have a clue what will come. Bears will short and Bulls will continue to average down. Bear or Bull is a mindset on the situation as well.
One thing I learnt from 2008 was never listen to the analysts or the news. 99% of the dooms day predictions never came about. There was warnings to people to split their money into different banks in case a bank failed. No banks failed. There was dooms day warnings about not buying bank stocks as they were too unstable. 2 weeks after that prediction, the bank stocks I was tempted to buy went up $20 a share - still pi$$ed at the analisps over that one.
There is only one outcome in this current market. Now lean in and read carefully....the one....that...will happen. What is it you say?! How the frig should I or any Wallstreet scum bag know? So what is the bloody point in leaning so hard on the possible negative outcome where a positive outcome could very well come out of this as well. Or it could be the worst disaster we have ever seen in the market and a depression will kick in, civil unrest, riots in the streets, Paris Hilton becomes President and the whole world goes to hell over night. We can prewrite this next chapter in investing history till we are blue in the face. At the end of the day, none of us are able to skip a few chapters to find out, we just have to wait and let things happen as they will. There we go, my rant du jeur. Helpful? maybe, maybe not, all depends on your mindset to begin with ;-)
Either way good people, try to let things happen as they will and make good decisions when we finally find out the outcome. We just don't have any other choice