RE:RE:RE:RE:RE:RE:look outthepbay wrote: Now this is a good post. Anyway, no need to post here now. GL to all holding, you will do fine in the long run, I just wouldn't be buying just yet, you are trying to catch a falling knife, IMO. Take it for what its worth. GL
pbay
illumination1 wrote:
Jamal what difference would it make to you where thepbay's bid is? The reason I ask this is that he/she has given the board a lot more than what others do and that is being absolutely open about his/her position. Whether one buys and hold, trades a bit, whatever the case may be is entirely up to that individual as to what his or her investing strategy is. I fully respect people when they openly and honestly state their mind set and moves because there are many who don't and really nobody really needs to. But where I do get a little upset is if people deliberately scare people to try to get cheap shares as well as overly promote something so that they can knowingly dump them in being otherwise dishonest in both cases. Nevertheless, this goes back to my question why should thepbay's bid price matter to you? On these boards, the one thing I have learnt is to take what people say with a grain of salt because there will be many people who will openly mislead you. The bottom line and from my honest opinion is that stocks are overall going to have a really tough time because of world events and they will at best have protracted gains and at worst can potentially get destroyed depending on circumstances. This will in truth become a time to buy and hold and wait prices out--it will become more of a buyers vs seller's market perhaps akin to the 2008 and 2011 market hits, and who knows maybe 911 type which are both good and bad. Good in the sense there were tons of TSX main stocks trading very cheaply and that recovered really nicely bad in the sense if people don't have a longer time duration--are older and can't leverage with time it will cause them problems. The key will always take some money off the table and that is exactly what thepbay has decided to do. I think this will test back .22 even though I have stated it will be unjust if it goes below .25--anything is possible in a very weak and uncertain market. There have been many people talking about a correction even before the Brexit and unfortunately I think it is coming. Like I said, I would be looking to have a long term strategy in place with some shorter term moves such as purposefully trading while holding a strong core but again all of this depends on each individual's needs and strategy. I personally will wait things out as I am fairly young still 40 but I will if I can take advantage of really weak share prices otherwise trade a little of handful of shares to satisfy my brokerage trading requirements. In any case, have a plan and be mindful of what the market is showing and like thepbay has correctly said learn from those who are offering something rather than question their motives or strike points especially when they are being very open and honest! glta
...certainly goes against what you said in a PM to me on the weekend...so I have to think yiou and the other guy are maybe....the sam...guy ?...never mind responding...another one under the 'Stupid Switch"....