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Well posted, instinct is a funny thing. As it generally takes you in one direction or the other it is either completely right or completely wrong.
Sometimes it is hard to admit that your instinct investments are the losing ones, to yourself and to others.
I have up to 10 watch lists and I have to say, the ones where that I construct using variations of my strategy, ignoring key elements of it or my instinct lists are usually the ones stinking the place up.

The only instinct you should ever trust in the markets is one of caution. You may lose a winning trade or 2 but as qldfrog has suggested you will lose more than you win.

Take a look at the 5 year chart, a slump followed by a recovery into the teens, followed by a massive surge.
Where is the impetus for that pattern to be repeated? I could imagine a recovery into the teens could be plausible, but there will be no 50c offers for SDL anytime soon, that is a certainty, if ever again.

My point being this is the second serious shock for SDL in 5 years, each time it happens it affects the psychology of the buyers/sellers, instos/traders/mum and dad buyers.
Holders of all persuasions will be lining up to dump them in the teens.

<blockquote data-quote="springhill" data-source="post: 766136" data-attributes="member: 9415">Well posted, instinct is a funny thing. As it generally takes you in one direction or the other it is either completely right or completely wrong.Sometimes it is hard to admit that your instinct investments are the losing ones, to yourself and to others.I have up to 10 watch lists and I have to say, the ones where that I construct using variations of my strategy, ignoring key elements of it or my instinct lists are usually the ones stinking the place up.The only instinct you should ever trust in the markets is one of caution. You may lose a winning trade or 2 but as qldfrog has suggested you will lose more than you win.Take a look at the 5 year chart, a slump followed by a recovery into the teens, followed by a massive surge.Where is the impetus for that pattern to be repeated? I could imagine a recovery into the teens could be plausible, but there will be no 50c offers for SDL anytime soon, that is a certainty, if ever again.My point being this is the second serious shock for SDL in 5 years, each time it happens it affects the psychology of the buyers/sellers, instos/traders/mum and dad buyers.Holders of all persuasions will be lining up to dump them in the teens.</blockquote>

[QUOTE="springhill, post: 766136, member: 9415"] Well posted, instinct is a funny thing. As it generally takes you in one direction or the other it is either completely right or completely wrong. Sometimes it is hard to admit that your instinct investments are the losing ones, to yourself and to others. I have up to 10 watch lists and I have to say, the ones where that I construct using variations of my strategy, ignoring key elements of it or my instinct lists are usually the ones stinking the place up. The only instinct you should ever trust in the markets is one of caution. You may lose a winning trade or 2 but as qldfrog has suggested you will lose more than you win. Take a look at the 5 year chart, a slump followed by a recovery into the teens, followed by a massive surge. Where is the impetus for that pattern to be repeated? I could imagine a recovery into the teens could be plausible, but there will be no 50c offers for SDL anytime soon, that is a certainty, if ever again. My point being this is the second serious shock for SDL in 5 years, each time it happens it affects the psychology of the buyers/sellers, instos/traders/mum and dad buyers. Holders of all persuasions will be lining up to dump them in the teens. [/QUOTE]

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