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Buyer: Mind the Gap - Don't Buy the Dip

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Bevan:

--- Quote from: Orca on November 20, 2018, 09:42:31 pm ---...
Let me tell you my story that I have already told here before your time and the older members may recall it even from the old Sharechat forum.
...

--- End quote ---

Guess I must have missed your story. I was also migrated from the early days of the sharechat forum although my posts here are generally few and far between. Of course individual shares can offer incredible returns over time. Warren Buffett is famously able to pick some of these. Very few others can, in the fullness of time.

As for the baby-boomers kids seeing to it... Well, research shows that their grandchildren are seriously under-invested in the market. They prefer to "experience" life and travel etc. Like wow, ah-we man, have you experienced the Pamplona Bull Run yet, or Diwali on Goa? The Boomer's kids themselves are fewer in number than the baby-boomer generation, hence the fact that most retirement plans are seriously underfunded i.e. not enough new contributors to cover current benefits.

Of course we must all do what we do. I don't give a continental whether anyone listens to my ponderings here or not. In many ways bulletin boards simply offer a way to jot down one's thoughts. But it would be foolish to outright ignore what many people are starting to think now.

Bevan:
Daily momentum on DJIA just turned negative. Tomorrow could be a nasty day, if no support kicks in. Wonder if the Plunge Protection Team is still active these days? Although probably out of pocket due to all the Fed's spending of last few years....

Bevan:
Seems the PPT were called in for closing market action on DJIA. SA stocks rallying on the back of that but Dow will probably close weaker today, depending on how much support will be given to markets after non-farm payrolls.... Then SA stocks will probably correct down on the open Monday....

Bevan:
Hope everyone is having a nice break with families, whilst markets tank further. Many stocks are now in a buyback-blackout period where funds can't open new buy positions until early next year. However, many are liquidating still... Also, the Greeks are starting to go wild now with aggregate S&P delta and gamma at near-record negative levels, leaving markets very vulnerable to flash-crashes... All that many want for Christmas now is some stability.

It's also really interesting that crypto's are rallying strongly now, having delinked again from equities. Seems that many investors are exiting stocks and loading up on the crypto frenzy again... However, I suspect some profit taking going into early January, and major volatile falls in crypto will soon follow, as investors cycle back into stocks again....

The end to 2018 is proving exceptionally interesting for market developments, and could herald some insights for the future... Definitely need to watch the correlations here.

bw:
subscribed and watching with interest

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