A link to some property discussion
i think they will be proved wrong - the largest land price gains come at
the end of the 18 years, especially for raw land.
the guy should be in jail - as you know by looking at charts, the
process is rife
notice the potential for a turning point, 45 months from sept 11
i hope you have managed to see a little in class about why I think the
market is anything but random. Let me give you another example where
you can profit from crowd behaviour. This time it concerns tax loss
selling. Quite often a stock that did poorly for the year will
excellerate its trend for May and June. I think this is because of
selling pressure as those holding a loss crystalise it just prior to end
of financial year, for tax purposes. This can lead to a stock being
oversold for no real fundamental reason. AET is a current example, and
an actual trade this time as a matter of fact. See attached.
This illustrates too the benefit of taking stops early, preserving
capital, for later opportunities to be on the other side of the herd.
Perhaps aet is not the best example - a bit thin, however there
is definate tax loss selling on some stocks, the selling then dries up
early July, and the stock moves back up, simply for that reason, no more