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 STOCK MARKET DISCUSSION V133, Bear coming?

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dflyz
post Jun 26 2013, 10:50 AM

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dflyz
post Jun 26 2013, 11:39 AM

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QUOTE(cclia @ Jun 26 2013, 11:32 AM)
sorry for OT.. gold price today so low..!
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Even Goldman Sachs predict lower gold price...


http://www.bloomberg.com/news/2013-06-24/g...ccelerates.html
dflyz
post Jun 28 2013, 02:32 PM

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QUOTE(cherroy @ Jun 28 2013, 02:26 PM)
The problem of this, sell then price reverse to upside, then habis...

I tried this method long long time ago during bear market. (decade back)
I can say this method didn't work well (at least for me), as you need to fish at bottom, often drowned in bottom with this method.

End up share don't have and losing money...
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i think that method only works if u r absolutely sure that the price will drop further in the near term and will go higher in the longer term...else it will be like what cherroy says, u sell and then it went up, at the end u will need to buy at even higher price

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