Good morning all you investors filled with fear and shedding those tears on the down hill slope..I hope you're putting on your skiing equipment correctly because we've achieved free fall plummet on the markets today at opening of the bell for trading. The Dow Jones Industrial is up in heavy trading with a market cap at present of 17511.34 as I am writing this piece. That's the good news first but now here is the crying towel for everyone portfolios. The Dow and Nasdaq both reports down 35.84 on average below the belt which is certainly causing jangled nerves on investors who worrying about their pension and retirement plans. Well, lets see how I am doing so far with my predictions on market analysis this week? Ok..Let's recap I said we are going to have a bright beginning on Monday but watch out for the Bears who are going to run away with the cake as the week continues. I hate to say the truth but you know I am going to say it anyway, that hope you've got a whole roll of Rolaids for your nervous stomach this week. Put on the skiing skills your going to need it were going downhill folks with the markets this week. Better consider investment in bonds and safe haven investments until we get a course correction. It's only going to get worse before the course correction happens this month. Usually this correction happens on a Monday or Tuesday towards beginning of the month but August is really showing a lot of market volume with volatility below the belt line underpins. To put it into perspective it's horrible for the normal investor who is charting any gains out of the markets this month. Then you get people like me who are controlled contrarians who love to watch the markets tank. Time to get in the market when everyone else is saying how awful everything is doing bailout. While people are losing their shirts on skiing downhill not me I am cleaning up on cheap beaten down stocks. You see being a contrarian is different you gotta know when to pull the buy triggers to get the good deals. You have to chart the buy signals on the markets when you see the the spike then you see the crisis set in when the spider bite hurts at the peak and the stock is out of gas, then you see the revving engine doing free fall in the stock sinking like the Titanic. When you see this on a Bears market you pull the triggers and get out your broom to start sweeping in the cheap sweet broken stocks. You can even do this with short term gains in ETF and repeat the same succession in bonds too. Button down investment isn't easy but then being a sensible investor takes years of research combined with sometimes getting killed on your portfolio positions to really realize you'll have to do it right. I always harp on doing your research carefully using all your characteristic charting data. You really need to develop a model of your positions that create a policy that puts you in the drivers seat. How do you do this you asking me? Taking your chart data for all your investment positions and then start making lifecycle charts for all the investments you presently own. I will tell you when your finished doing it compare it to your investment plan then the shock factor will set it realizing how many mistakes your making in your portfolio. I suggest at this point you'll start making changes by dumping underpaid and under performing stocks, bonds in your portfolio. You still need to have the usually core important diverse dividend paying stocks that do the heavy lifting keeping you adding money to your portfolio. It's critical to consider which diverse dividend payers are making sufficient money to keep them too. By following these simple investment principles you'll guarantee a 80 20 success ratio gains in your investments. You'll be the leader in your positions and overall portfolio meanwhile everyone else is a stupid sucker who didn't do their homework. Don't paste sucker on your forehead do everything right and you'll beat both the bulls and bears at their own game on the markets.
Have a Blessed Day..
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