csehistorian wrote:
Personal attacks? insults? I have done neither. I just pointed out that the experts don't know as much as they think they do, and that your strategy doesn't work. You are angry because truth hurts.
How can buying high seeing the price drop 50% and then waiting for the price to go back up 200% work on a consistent basis? When you bought at the top of the early 2000s bull run and held through the bear phase it might have worked for you on that occasion, but that's a one of thing made possible by the end of the war. Those who bought at the top of the recent bull run will not be so lucky.
Judging by your anger, I can see that you are one of those who did buy at the top.
1) Please note the strategies between short term , medium term and long
term holding can be different. What you are implying about is staying in market every day and monitoring your
stocks to find prime enter and exit point. There are people who has held the same share for many years and
ignored short term volatility. But the value is now several times than they bought it initially. These short term trends are not such a worry for them. I am not talking about optimizing. They used that time for their other work
as most of us are not full time traders.
If you do not know what I am talking about , we had a lengthy discussions on with with may members/investors contributing with facts and figures. Do a search in the forum and read to satisfy yourself. Then we will discuss. If you blindly make statements to say your way is correct and is the only way .. I have nothing more to tell you anymore.
Also the strategy you use I also have short term and medium term shares. with success.
2) Please note , you do not have the right to critize any one else strategy and tell that it does not work. You also do not know their portfolio. If your strategy works for you, for long term as well as short term. Great. Use it. No one is stopping you. But you do not have the right to condemn what and when I buy and my strategy . It is my money , it is my portfolio and what I buy is my responsibility and no yours.
3) After some comments by others and my own interest, I checked what you have contributed to this forum within Since Jan 24th when you joined. I see you have attacked and several members the same way.
I reiterate :
You are welcome to share your opinion.
You are welcome to converse and counter argue in decent way.
But you are not welcome to criticize unjustifiably , show superiority and condemn others who has been here serving forum longer than you. They have many people.
Please keep your focus on your comments and any general comments as a whole. Do not try to go on a personal venegenace to attack people because they are different to your thoughts. Nobody forces anybody. You buy you sell.
Where were you before with these sentiments at market peak? WOuld have helped if you came and said "I am sure ASi will hit xxx sell sell sell now else you will lose big time in short to medium term"
I do not mind this conversation we had ( though I think it will be time waste as it will not change you or me) but if I find you
disrespectful to other members again I WILL BAN YOU . I have not banned anybody so far and I don't want to.
Please be decent and kind enough to understand what I am saying. Suddenly in the forum during the worser period of the downtrend there are people who make overnight accounts just to attack other member.But not help them in anyway to find a resolution or give genuine advice in time of difficulty As you your self said it too late to sell now . Mainly if
one is concerned about loosing on short term. Why and where are these people coming from and why now
At some point market is going to turn. Then we will find all these negative attacks going away and new pundits emerging.