Before I share the secret(s), please be reminded that I am a common person. I am not an economist or a forecaster. Neither am I an analyst nor a fund manager. Neither am I a PhD in economics.
Like I said, I am a common person. The advantage a common person is that they have common sense. Over the years, we have seen and heard, most economists or analyst got it wrong about the economy or the share markets. And over so many decades, they are still debating about inflation and deflation. Still there is no conclusive evidence to show any of the party is right or wrong.
The only different is most of the experts studied, research a lot in the said topic. But in the real world, they are as lost as any common person. Why, due to greed and fear, which cannot be taught in any books, cannot be quantified or put in mathematical equations. In other words, not much effort was put in to study the non quantifiable variables, which is exactly why the market moves by it.
MyView
So, how do we expect a common person to outwit the so call expert. Actually, you don't need to. One has to use lots of common sense in their investing i.e. more objective than emotional. Of course, objective I mean is to do your homework and research. The question is the right reseach and the right homework.
Like I said, I am a common person. The advantage a common person is that they have common sense. Over the years, we have seen and heard, most economists or analyst got it wrong about the economy or the share markets. And over so many decades, they are still debating about inflation and deflation. Still there is no conclusive evidence to show any of the party is right or wrong.
The only different is most of the experts studied, research a lot in the said topic. But in the real world, they are as lost as any common person. Why, due to greed and fear, which cannot be taught in any books, cannot be quantified or put in mathematical equations. In other words, not much effort was put in to study the non quantifiable variables, which is exactly why the market moves by it.
MyView
So, how do we expect a common person to outwit the so call expert. Actually, you don't need to. One has to use lots of common sense in their investing i.e. more objective than emotional. Of course, objective I mean is to do your homework and research. The question is the right reseach and the right homework.
For those who is too busy to learn how to fish, the fish for this month is TZA @ USD30.90 per share (ETF) of shorting Russell 2000 Inverse ETF 3X, Sell when DJIA reach 9000.
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