(20-03-2016, 12:12 PM)chialc88 Wrote: [ -> ]Good morning Value buddies!
Last two months volatility is rather scary.
Oldman blogged that end of bull run should be near at least 2 years ago.
His famous investment clock was striking near the peak hour for the last 2 years too.
I was not moved.
Thou, consistently, the market news flow in bad news wave after wave.
Despite myself, personally affected by the ruthless reality, I was not moved.
Until last 2 months, all the counters that I queued to buy was filled.
Un-precedented.
With so much $$$ pour into the market, it really keep me on my toes.
But, I did not realise the effect on me until my partner asking me why do I wanted to push so much $$$ into the market?
AND, I realised what I had been doing last 2 months.
+++++++++++++++++++++++++++++++++++++++++++++++++++++++
Especially bule chips, they drops like flies and they also swing back strongly.
All those counter vested last 2 months bounced back quickly above buying price.
This created a relax feeling and gives one a urge to put in more $$$.
Forget about the sharp decline, things are getting better.
My experience says it all.....until I'm prompted by my partner.
I really need an answer because for once, I decided not to trust my instinct and take a closer look at oldman advise.
Oh no, did I get too close?
Oh, did I almost see what's really on the inside?
Love Compassion
Hello Chial
Haha.. Like to read your posting.. but who is the oldman you referring to?
I didnt get into the market when it was low... you think now is still ok to get on the boat?