Tuesday, July 11, 2006

Tips for Thoughts

Hope, Greed, and Fear control the market
Hope causes you to hold on to a falling stock
Fear causes the market to be oversold
Greed causes the market to be overbought

Stupidity abounds in the stock market
Buying a counter because of its name is one of them
A company with no earnings and high gearing is best avoided
Buy someone’s problem, and you are damned

Ride with the bull
Raid with the bear
Benefit from manipulators’ effort
Monies are here and everywhere

The rich accumulate at bottom
The smart distribute at the top
Amateurs buy all the way down
Professionals do it the other way round

Be quick and bold when an opportunity arises
Those who hesitate will lose the gain
Though good things come to those who wait
Opportunities neglected, seldom surface again

People mad with power are those that God wish to destroy
Stocks pushed down are what the smart wish to buy
At the top, equities are the strongest and most tempting
Don’t be lured by them, lest bid your money farewell! Bye-bye!

Consistent winners are hard to find
Learn from them; learn their strategies
Improve and upgrade yourselves
And you will be fine.

Every dog will have its day
Every stock will have its play
A stock that already has its prey
Is not worth looking at in any way.

Easy money is not easily made
One win does not a winner make
If you want to be a day trader
You must learn the trick of the trade

Housewives look around for a bargain price
Be they some foodstuff, groceries, dresses or the like
In the stock market, they are not so bright
Upon a tip, they buy, without knowing whether it is wrong or right.