September 22, 2006
Supplement your Income through Stocks and Share Trading: 18th May 2006
Good news. The markets are going down. CNN et al reported the DOW down significantly but didn’t know how bad [before close last night] - this morning the FT tells me that it was down 214 and the FTSE is following. When America sneezes….
That means my Limit Orders are close to kicking in. And as I don’t believe this is a huge fall aka ‘29 or ‘2000, I expect to make up to 25% in the coming weeks.
And would you believe it, all that talk of a dollar decline and what’s the first thing that happens: everyone starts buying it to cover their asses (CTA or CMA).
You may ask why I’m not worried that the fall may have depreciated my holdings. The answer is simple. They haven’t. I buy early and in bulk [and sometimes get out too early] and so, unless we’re talking ‘29, I rarely lose out.
Should I tell you what I’m looking at today? oh alright: mining, platinum and african telecoms.
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