The Guru says "For years, greed has been the underlying force in markets. Now fear is replacing it . We're into the very early beginnings of the unwinding of the derivatives hurricane". I am lucky that sold my Chinese Index Fund as Asia collapsed this night. Nasdaq also fell almost 2% so TASE is due to fall today. The bull market seems to have ended.
I feel seasick. Does it mean a sign that it is time to buy? I am buying BAZAN. For me caprex (cagazo pre examen) was always a necessary pre-condition to success. Rob writes: “Historically, there has been an amusingly high incidence of success in going long for a trade when my nausea hits a peak. When I feel like puking on my desk, it might just be time to buy……well, I’m here to tell you that… all kidding aside, I really do feel like throwing up.
The graphic design is by Linda.