Agreed...another good thing scrc has going for it
Post# of 7769
Posted On: 09/22/2013 5:01:33 PM
Agreed...another good thing scrc has going for it is the doubts. I get the feeling that the believers are now the minority and the most profitable moves are rarely the popular ones. One of my favorite economists and hedge fund managers, Jim Rogers refers to this as too many people being on one side of the boat. For instance hes completely pessimistic long term about the dollar but he bets long on it every single time the general consensus becomes negative. Even though he dislikes it fundamentally he goes the opposite way when everyone is "on the other side of the boat"
And so with scrips we not only believe in what is happening, we're way off our high, the RSI says buy, and in addition to that, negativity still swirls.....it's set up for large gains to be had.
Hopefully everyone is having a wonderful Sunday
And so with scrips we not only believe in what is happening, we're way off our high, the RSI says buy, and in addition to that, negativity still swirls.....it's set up for large gains to be had.
Hopefully everyone is having a wonderful Sunday
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