tactical analysis on soccer teams. ooh yea. rather than tactical analysis, it's statistical analysis. i had made all my bets at the outstart by buying the likely winners and the top of table for two groups. hedged it in such a way that 9 out of 13 outcomes were positive.
we can bet on F1 teams? *hhmmmmmm*
yuppers. think long term not short term (even if you're a scalper). wealth is built in years, not days.
what's the point of getting 100% return in one year, but losing 200% in the next two years? really, it's more *sense* to just go for 15-20% yoy.
remember always that trends can rarely be beaten, and those who do so are statistical anomalies. The best performing fund in history for a 20 year period is the Magellan fund. their returns? 25.4% pa.
So let's not be under any delusions of 100-200% returns consistently for decades. If you make 100% in a good year, time to lock it in as well as shut out the ego that tells ya you're wonderful/fabulous/incredible. nothing like pride to kill one's sharpness in the marketplace.
ooh. looks like we'll hit 150 before my 2 mths guess. hehe. wheeee.......Those twitching, think positive: "The best time to buy is when there's blood on the streets".
cheers.
BTW, oil made a new high -142.74!
yah man, now only clocks 0.85b. not much activities during the half an hr of show time.
don't waste time leow, sw off and give the man a tiger leow. Cheers.
Looks like Elf also performs 'tactical' analysis on soccer teams hehehe! :-P
Maybe time to look at the F1 teams hahhahah!
Back to the markets - so much for window dressing. HSI, Nikkei nowhere near their opening levels. Still distribution mode.
Oh, no such intention really but just sharing my thoughts and flow in the forum.
Anyway, it's always good to learn from fellow forumers like you, be upgraded and wisely prepared. As we all know .. trading in this market is just like fighting a war. Really not for the uneqipped and ill prepared.
And yes, Spain deserve the trophy! :)
elfinchilde ( Date: 30-Jun-2008 15:37) Posted:
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elfinchilde ( Date: 30-Jun-2008 15:37) Posted:
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hehe, thanks for the 'promotion', sthinvest. pls keep in mind tho that as individual investors, we're all responsible for our own decisions. no one can 100% predict the market afterall.
spain won!!!
Not so nice to publish it leh.
Actually you can easily find it in this thread. Click Elf's past postings and it's just there. As usual, do your own research and go in within ur means. Happy investing!
Thanks! Have been reading ARs and picking some under valued stocks recently. Market is so unpredictable and any major announcement or action from the big economies can very quickly change the scheme of things.. Your list is definitely on my radar. :)
elfinchilde ( Date: 29-Jun-2008 18:13) Posted:
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I am very surprised to see STI up today. Another sign of BB playiing around?
what????? nikkei up????? this is a joke..
more reason to short @ higher levels..