GREY:CLGRF - Post by User
Post by
Highwired7on Jan 19, 2013 7:35pm
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Post# 20862167
Buy and Hold Strategy is Dead!!!
Buy and Hold Strategy is Dead!!! Its been dead a long time, TPTB have not fixed a GD thing since 2008, its ALL smoke and mirrors. In this market, volatility is the new norm, if you don't know how to get in, take your profits and get out, TPTB will take everything you have AGAIN and next time there will be NO faux market recovery, mark my words ! I'm concerned about being long for the next 6mo let alone 3-5 years, this market is set up to crash AGAIN because it is leveraged even higher now than in 2008, due to a completely rigged financial system. When, not if this day arrives, you may show profit on paper but, due to counterparty risk, try collecting. Buy and hold is DEAD, DEAD, DEAD.