Were you among those waiting for STI 1,200 at Mar 2009 with plenty of cash for opportunity?
No one can know where is the market low including your favourite and world-renowned Gurus whom you follow God-like in every word that comes out from their mouth.
There are two types of Gurus in the market:
- They made money by conducting courses, seminars, workshops, talks, discussions in their forums and writing newsletters. They will give plenty of views on the market. When they are right; they will boast until they drop their pants. When they are wrong, hardly anyone will still remember what they have said.
- They are BBs in the market eating up our lunches and dinners by talking up or down the market after they may taken up large positions by becoming Talking Heads!!!
The moral of the story
Your most trusted Guru in the world cannot predict all future market low!!!
What is opportunity when he will never ring our door bell like Mr. Postman and telling us that he is at our door-step now?