Tips for Thoughts |
| Written by Ben | |
| Monday, 15 October 2007 | |
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Hope, Greed, and Fear control the market Hope causes you to hold on to a falling stock Fear causes the market to be oversold Greed causes the market to be overbought Stupidity abounds in the stock market Buying a counter because of its name is one of them A company with no earnings and high gearing is best avoided Buy someone’s problem, and you are damned Ride with the bull Raid with the bear Benefit from manipulators’ effort Monies are here and everywhere The rich accumulate at the bottom The smart distribute at the top Amateurs buy all the way down Professionals do it the other way round Be quick and bold when an opportunity arises Those who hesitate will lose the gain Though good things come to those who wait Opportunities neglected, seldom surface again People mad with power are those that God wish to destroy Stocks pushed down are what the smart wish to buy At the top, equities are the strongest and most tempting Don’t be lured by them, lest you bid your money farewell! Bye-bye! Consistent winners are hard to find Learn from them; learn their strategies Improve and upgrade yourselves And you will be fine. Every dog will have its day Every stock will have its play A stock that already has its prey Is not worth looking at in any way. Easy money is not easily made One win does not a winner make If you want to be a day trader You must learn the trick of the trade Housewives look around for a bargain price Be they some foodstuff, groceries, or the like In the stock market, they are not so bright Upon a tip, they buy, without knowing whether it is wrong or right.          |
