written by reader Travis, How much faith have you given all the advertisements and predictions

By backoffice, May 9, 2016

that the market is in for an 80% drop in 2016 and all the fear that they predict will come with it, such as panic, riots,etc

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πŸ‘ 380
Travis Johnson, Stock Gumshoe
Reply to  backoffice

Match

πŸ‘ 15784
bep1964
bep1964
4 years ago

I actually just bought MTCH Tuesday, what’s your take? I’m holding this for the long-haul (w/stops), also I’m seeing MPW is back in favor, it seems high anyone invested in MPW? Thanks for any insight you can provide.

– Julia

πŸ‘ 61
Travis Johnson, Stock Gumshoe

None. Being prepared with a balanced portfolio and, in case of actual disaster, a family disaster plan, is always important — but expecting a crash in a given year means you’re timing the market in a macro way, and almost no one can do that well. The same predictions have been made pretty consistently every year since 2010, and many times in the past few decades — “imminent crisis” is a standard marketing position for many newsletters.

Doesn’t mean it can’t happen, of course. I think the market is a little expensive, so I have more cash than normal in my portfolio — but I said the same thing a year or so ago, too, and would have done better not holding extra cash.

There are real problems in the global economy, obviously. Perhaps even worse than is cyclically typical. But I’m not buying in to any imminent crash theories because there’s nothing to be gained by jumping in with the paranoia. Balance and a long term focus means you can be prepared for anything, not panicked about one thing.

πŸ‘ 15784
stkgumsh
4 years ago

Greetings:
First, let me introduce myself!
1- An “irregular” — thanks to my learned friend’s recommendation — this is my first post. 2- Having read the board for a number of months I am more than impressed by the civility and knowledge displayed. 3- A long time investor/trader I am a student of the market striving to improve while believing the ONLY way to measure market performance is through the bottom line. 4- My Answer to the above question: Fear, Hope, Sex, and few other “advertisements” always sell well to losing buyers enriching the sellers. YES! Been there done that! 5- Have been looking for new comments about ARTH and see none. Anyone long the stock?
6- Here are some of my market beliefs and holdings. See no recession signs and signals. A 10 sigma event is possible at any time and an investor MUST be able to live through it without going broke or diminished standard of living. Everything is manipulated, especially low priced stocks. I have not been renewing newsletter’s subscriptions, although I have added Stock Gumshoe!!!
Some of my positions:
Long Gold/silver for a while, both are correcting and are high risk for initiating new/short term positions.
Long OPK/RLYP/CLF/OGXI/TITXF/ARTH. And of course long Real Estate as major financial anchor and for speculation too.
Greatest weakness: Holding too many positions. Not taking profits when presented. Too much reading and not enough charting!
Greatest strength: My dear CPA who tells me I am doing OK! Charting when I get to it!!!
Respectfully submitted

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πŸ‘ 28
Travis Johnson, Stock Gumshoe
Reply to  stkgumsh

Thanks, welcome aboard!

πŸ‘ 15784
SoGiAm
4 years ago
Reply to  stkgumsh

$ARTH long – Discussion thread: http://www.stockgumshoe.com/2015/08/microblog-discussion-re-arth/ Welcome stkgumsh; You may also be interested in: http://www.stockgumshoe.com/2014/11/first-steps-and-favorite-tools-for-new-investors/ Best2U4U – Benjamin

πŸ‘ 11476
SoGiAm
4 years ago
Reply to  stkgumsh

stkgumsh, Subscrive to the articles you with to receive email updates on. Biotechnology articles by ZKSS: http://www.stockgumshoe.com/author/dr-kss-md-phd/

Varios topics by moi: http://www.stockgumshoe.com/author/sogiam/ Long $CDNL, $ARTH

πŸ‘ 11476
modernrock
4 years ago

Fear and Greed sell newsletters

πŸ‘ 236

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