As the ostrich when pursued hideth his head, but forgetteth his body; so the fears of a coward expose him to danger. Akhenaton
Best Time To Buy Stocks Is when Experts Are Negative
After a pullback we expect the markets to soar. Hence all Stock Market crash talk is total nonsense
We prepared our clients for the market pullback in August; well the naysayers would have you believe it was a crash, and the end of the world was close at hand. We will post excerpts from the July update sent to our subscribers that will have you grinning from cheek to cheek. Then we will list the articles we published to refute this nonsense that the world was going to end.
The drug pushers in the media are giving the news junkies their daily fix; they are catering to the twaddle scenario that the world will end. Step back and reflect on how lucky you are that individuals of such calibre exist; ones that seem to feed and thrive on this rubbish. Every time you run into an idiot be grateful for it’s those idiots who make your life infinitely easier. Most do not see this part of the equation or story; they focus on the false premise that idiots make their lives harder, when, in fact, the opposite is true.
Look at the bright side; you get to do something you have never done before. Drink while everyone is screaming bloody murder and sing when the markets are sinking. Who knows you might be a budding singer in the makings. Yes, most will call you insane, but instead of being stricken with fear, you will now be the master of your destiny instead of a slave to another’s. Drink and be merry for the markets are letting out some well-deserved steam. In the case of China, it’s letting out more steam because it shot up like a bandit being chased by the hounds of hell. We see no reason to worry and no reason not to sleep well at night. Interim Market Update July 9, 2015
Be careful illusions are dangerous especially when one confuses the illusory with reality
From August onwards the spin masters went ballistic, and the number of negative articles skyrocketed. During all this negativity, we published several articles on our delayed basis. The first one of which was titled the Dow is set to soar, which was published on Oct 21, two weeks after our subscribers read it. The Dow is getting ready to rise. One quick question: what happened? If the outlook was so darned negative than the markets should have crashed right, but instead we find they are a stone’s throw from testing their highs
A stock market crash is not in the makings
As the Doctors of Doom chanted louder predicting that a stock market crash was near at hand; we published several articles stating the opposite:
It’s not time to sell the Dax Oct 22, 2015
On Oct, 25, Stocks and bonds will not crash
And our most recent one on Nov 2, 2015, titled Death Cross not a bearish signal for the stock market
Now have any of them come out and stated we were wrong “nope none of them has and none of them will”. It’s the name of the game; fear sells, so they will continue to push this mumbo jumbo out every time the market pulls back.
Instead of realising that disaster is nothing but opportunity knocking in disguise, the masses like the spin doctors fall for the same ploy over and over again. They stampede with the crowd. Markets climb a wall of worry and plunge down an abyss of joy. Hence, the best time to buy stocks from a contrarain persepctive, is when the crowd is throwing the baby out with the bathwater.
Wait for Pullback
At present, the markets are overbought and overdue for a pullback. Once the stock market starts to pull back, the naysayers will crawl out of the woodwork and sing the same old song of doom. The song that states the Stock Market is destined to crash and that the world is going to end. This utter rubbish and best served to mad people. So the best time to buy stocks would be after the market lets out some steam.
We combine mass psychology with technical analysis, and for now, our master indicator (the trend indicator) is stating that a crash is not in store for the stock market but a strong pullback could be in the works but a crash not. Mass psychology dictates that one oppose the crowd only when they are in a Euphoric or panic stage. The crowd has not turned Euphoric yet, but they have panicked many times during this bull market, which so far is probably one of the most hated bull markets in history.
Comfort zones are plush lined coffins. When you stay in your plush lined coffins, you die.
Stan Dale
Other articles of interest:
World’s only Adult Index predicts rise in immoral behaviour (Nov 2)
Death Cross is not a bearish Omen for the Stock Market (Oct 30)
Market Timing Does it work (Oct 28)
Turkey shot down a Russian Drone (Oct 27)
Russia, Syria and the Religious war (Oct 27)
stocks and bonds will not crash in 2015 (Oct 25)
It is not time to sell the DAX (oct 22)
The Dow is getting ready to Soar (Oct 21)
why its time to investing in banking stocks (oct 18)
Ignore the Yield Curve- bank stocks are a bargain (Oc 16)
Dr Copper back from the dead; time to buy or blink (Oct 7)
China’s Stock Market Crash; time for panic or restraint (Oct 2)
Gold prices set to jump in 2015? (Sept 22)
Market Selloff; is it time to panic (Sept 12)
Forever Quantitative easing continues unabated (Sept 10)
Currency wars detonate (Aug 27)
The Gold Bull is Dead (Aug 21)
Currency wars intensify (Aug 20)
Contrarian investing Guidelines for beginners (August 14)
