Originally Posted by
duncan macgregor
SECTOR I notice you giving out share buys that are trading at well under the thirty day moving average thats high risk. When i go out in my boat i look at the weather first of all, then decide the risk in going out. I dont need the risk of being caught out in gales to prove how stupid i am, i can go out at a later date in relative safety. You will find if you want to catch the good waves you keep out of it during the gales where you risk being dashed up on the rocks.
The share market right now is unpredictable, with the american economy tanking, its rough out there. The market will either crash, or turn into a bear market which is pretty rough. I prefer to wait it out see what happens about the crash, before playing with the bears. That is being sensible playing the market for the sake of playing it is not only high risk but very stupid. Keep your predictions coming it will improve your performance in the end. MACDUNK