I expect a fundamental shift for all markets, a rotation of sectors. A pull back on Baltic Dry is now overdue. Watching US$-gold for disconnect. Expect an unexpected bull market for gold shares into Feb 2010. This one is not for the sceptics or feint hearted.
Usually when you "need" the money it does not play in your favour. However changing the mindset to wanting the money usually works. Difference between urgency/emotion and desire/non-emotion...a little Friday philosophy
Nope you need to breath, drink water and eat food to live. everything else is a want..... You make the choice to get drunk, it aint a requirment to get you to tomorrow (maybe to get laid) but you choose when to start and when to stop. You choose to get drunk because yor mates do it, you had a [email protected] week, you feel you need to forget something etc, but tomorrow the same problems plus a headache are with you and that ugly chick you picked up is lying next to you ;-).
HateGauteng - By now you must be nestled it your new location in KZN. You've tried luck at making a living from trading and now realize that it's not that easy. If I recall you took a 15k knock a few days ago. You also stated that were going to use your pension money 150k to start trading. If you trade equities right now you're in for a tough time. If you need to put bread on the table you can't sit around and wait for equity to complete a formation some time in the future. You need to trade an index like the TOP40 on a daily basis with a tried and tested trading system. I suggest you talk to someone like John for some pointers or you might find your butt back in Gauteng behind a desk minus a pension sooner than you think. omo
Almost recovered the R15K but now down R10K . . . still waiting for breakout. Either that or TA is another belief system. Actually I got the good looking chick the next day while I was hungover. Had to drive 2 hours though!