U********f
发帖数: 2482 | 1 FROM CNBC:
buy the dips, sell the rips. i think ultimately the monetary policy are
going to catch on the economy. i thought the chances of recession midyear
were 40 or 50%. we're trading at 12.5 times P/E, but the ten-year yield is
only 2% and it's averaged 6.67%, so stocks are cheap statistically, and if
you get some good growth, i think you can see a huge reallocation out of
bonds into stock, and i think fixed income can be shorted with impunity, and
if you're a retail investor that has an imbalance of bonds over stocks, you
should begin reassessing that position. | M*****8
发帖数: 17722 | 2 If you can estimate the next peak or bottom in advance,
the picture looks a lot prettier.
It is then not a question of how to survive, but rather
how to exploit and profit from the emotional excesses.
Instead of worrying about the emotional excesses, you not
only welcome them, you wish for them.
That difference is the difference between a novice and a
pro. When you don't mind emotional excesses, you're on
your way to be a pro who welcomes and prays for emotional
excesses.
A pro sees a short-squeeze or bear-raid (long squeeze) as
an opportunity to make a lot more money than otherwise
possible. The change in perspective and attitude is what
distinguishes different levels of trading ability. | U********f
发帖数: 2482 | 3 I have to admit that your get the point.
we make money from other people's account, without emotional excesses, there
will be not huge profit for MM.
【在 M*****8 的大作中提到】
: If you can estimate the next peak or bottom in advance,
: the picture looks a lot prettier.
: It is then not a question of how to survive, but rather
: how to exploit and profit from the emotional excesses.
: Instead of worrying about the emotional excesses, you not
: only welcome them, you wish for them.
: That difference is the difference between a novice and a
: pro. When you don't mind emotional excesses, you're on
: your way to be a pro who welcomes and prays for emotional
: excesses.
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