Comments on: Why ETF Investors Are Saying ‘Bye’ to Buy-and-Hold

By: POPOFF1

POPOFF1 — Thu, 21 May 2009 10:46:55 +0000

I HVE BEEN AN ADVOCATE OF NOT BUYING AND HOLDING ALL MY LIFE IN THE INVESTMENT BUINESS…..
…..AFTER EXTENSIVE RESEARCH IT APPEARS THAT IF ONE USES MONTHLY EXPONANTIAL OR WEIGHTED MOVING AVERAGES ON INDEXES AND WEEKLY SAME ON STOCKS IT QUITE IMPOSSIBLE TO BE ON THE WRONG SIDE OF ANYTHING THAT IS PRICE DRIVEN…..PRICE DRIVEN………PRICE DRIVEN…
…….THE AVERAGES TO USE ARE FIBANACCI NUMERS 3 5 8 13.
………ONE CAN EVEN MODESTLY EXPAND THESE BY USING PRICES ON CHOSEN INDEXES THE FIRST AND 15TH OF EVER MONTH BUT THE ONCE A MONTH NUMBEERS ARE A MAJOR KEY…..
I WENT TO CASH IN THE EARLY 90'S BACK IN AGAIN I THINK IS 1994
……OUT IN MAY OF 2000 AND BACK IN MAY OF 2003
.AND OUT DEC OF 2007 AND NOT BACK IN YET ON MONTHLY STATS.(SHORT TERM TRADING FROM HEAVILY OVER BOT AND OVER SOLD ITEMS DIFFERENT OPERATION
……….I AM MENTIONING THIS NOT TO BLOW MY HORN BUT TO ENCOURAGE YOU TO DO THE SAME AFTER YOU RESEARCH IT WITH YOUR BROKER WHO HAS NO CONCEPT OF WHAT I JUST MENTIONED..OR ELSE YOU WOULD BE IN CASH RIGHT NOW ALSO
……BEEN IN THE INVESTMENT BUSINESS FOR 35 YEARS…MOST BROKERS ARE IDIOTS
……..MUTUALFUND MANAGERS ET ALL ABOUT THE SAME….THOUSANDS HELD BEAR STEARNS FROM 90 TO 2 AND ENRON FROM 89 TO 1 ETC ETC ETC….AND THEY CALL THEMSEVLES MONEY MANAGERS>?????MORE LIKE PURE FOLLY
I CRITIZIE BUT NEVER USE A FAKE NAME AND CAN BE CONTACTED BY ANYONE ANYTIME ON MY COMMENTS….
I LOVE BEING RETIRED..TAKING CARE OF MY WIFE AND OUR ASSETS AND TWO GRANDSONS WHO THINK GRANDPA WALKS ON WATER SO I'M REALLY NTO TO MUCH OF AN EXCENTRIXC CRACKPOT…ONLY ALITTLE
L GEORGE POPOFF,RETIRED CREDIT SUISSE FIRST BOSTON
POPOFF@COMCAST.NET
TUCSON ARIZ.

By: POPOFF1

POPOFF1 — Thu, 21 May 2009 10:46:55 +0000