Buy or regret

• Posted by admin
• on March 17th, 2010

This market is on a mission to go higher. Buy dips or chase rallies. Do whatever you have to do but get long. Any pullback is going to be temporary. This market is going higher and probably way higher.

I can’t stress it enough, this market has a brain of its own. TA can just show the footprints but there are times when market doesn’t care about the conventional wisdom or the fundamentals of economy and goes on its own merry way. TA says market is overbought but the market action says that it could care less. The quicker one realizes this the better it is. Trading doesn’t have to be tough. It’s simple, just play ball with the market. Do not fight the market, leave that for perma-bulls or perma-bears.

There is no circus on this site but we understand the circus named market quite well. Keeping it simple is the key to the kingdom. I do not have any doubt about this and for that matter it’s applicable to all walks of life.

P.S. The content and the title of this post has been taken from a prior post dated July 23′ 09. It’s as relevant now as it was back then. No need to fix something if it ain’t broke.

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