Well done chaps, good trading yesterday. I lost money :( But not much! :)
Rickshawman, is that sim or real?
Went long on limit at 39.5, a few. But tbh i expect a small correction today. So may reverse out if it goes down.
Isn't it galling to know that all one had to do was stick their entire net worth into stocks a few years ago, go play golf everyday or whatever, no looking at trading screens, no paying brokers commissions, come back today and see their entire net worth doubled :mad:
There is no link between the overall stock market and the economy. If there ever was, it was broken when the Fed went on their money printing binge.
Money flows are what drives markets and the Fed has been seriously increasing those money flows, hence the 100%+ increase in the market in the...
http://www.bloomberg.com/news/2013-03-05/birinyi-says-buy-mining-technology-shares-as-bull-ages.html
Birinyi Says Buy Mining, Technology Shares as Bull Ages
By Whitney Kisling - Mar 5, 2013
Laszlo Birinyi, one of the first money managers to tell clients to buy before the bull market...