Originally Posted by
moosie_900
funds flowing in from everywhere for massive valuations, a new tech company with FY14 revenues of ~$350,000 mCapped at $75M, no one can see proper valuations and is merely chasing money because the stock goes up up up, tons of new tech companies looking to list, merely mentioning SaaS, cloud, Xero means massive gains. sounds like were entering the last stages of the bull run.
while caution is very much needed, there is PLENTY of money to be taken out of the market from the fools. if you buy on dips and sell as soon as a top appears, you can lock in big profits. I have managed to make huge gains in the past 3 weeks by buying and selling with no emotional attachment. sure, stocks have gone higher thsn my sell price, but I am more than happy I even have profits and don't look at what I could have pocketed had I stuck with it. the key here is capital protection, and if you are not comfortable doing this and dont constantly watch the market then stay well away!
hope everyone makes plenty of money in the coming months :)