June 11, 2009
– Comments (6)
The debate goes on and you are correct ... it doesn't matter, as long as you make the right plays.
the debate is not on the bulls vs bears. it is about making the right plays at the right market whether it is a bullish or bearish market.
the chart here represents how the bullish and bearish indicators fight it out. people have selective memory. if they are bullish they only want to read/listen to good news. if they are bearish they want to read/listen to bad news.
making the right play doesn't end in the stock that you pick or making your entries. big profits and minimum losses are executed in the exits. that is why trading requires money management discipline. you can ride the trend by raising your stops as the market goes up(in uptrend) or minimize your losses by placing stops.
Bullishbao short, sweet and to the point! +1 rec.Greenthunder: correct Synergize spot on!
You're absolutely right, it's not about bulls vs. bears, but some people sure seem to think that way. I'm a bull, and still see some micro cap value stocks that are cheap and have not been run up yet. However, I've been convinced by the bears that I should hedge my portfolio because the possibility of a plunge is real. I value the opinions I get from both sides here on CAPS, and I hope they continue.
My thoughts exactly.
It's such an idiotic debate. I buy and short based on fundamentals. If a stock is dirt cheap and has priced in an apocalyptic scenario that is unlikely to happen, I buy in. I don't care that the economy is "bad" and will continue to be "bad" --- that doesn't stop me from buying quality goods at low, low prices.
#5 you might enjoy this video!