The fundamental stink. Everyone knows that. So the traditional Benjamin Graham's value style investing - the Jedi - can't be moving this market up. But if the market wants to go up anyway because of what's described in the blog, what's a trader to do? I know I must buy as the market goes up but what worries me is that will I be able to keep my money when the "death star" finally explodes?
http://rebalancing.b...-up-dollar.html
Dark Side of the Force Currently Prevails
Started by
SandStorm
, May 07 2007 02:30 AM
2 replies to this topic
#2
airedale88
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- Traders-Talk User
- 1,708 posts
Member
Posted 07 May 2007 - 11:58 AM
" know I must buy as the market goes up but what worries me is that will I be able to keep my money when the "death star" finally explodes? "
stop orders?
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#3
SandStorm
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- Traders-Talk User
- 457 posts
Member
Posted 07 May 2007 - 03:08 PM
" know I must buy as the market goes up but what worries me is that will I be able to keep my money when the "death star" finally explodes? "
stop orders?
I was referring to the possibility of banks and brokers going bust after an unprecedented meltdown, taking my money with them. In 87 people took money out of their accounts just to be sure until the dust settled, which wasn't a bad idea. I think it matters a lot how we go up because it determines how we come down. Nobody wins if a system meltdown occurs. I really hate the way the system is being abused and pushed by the major players like that.
