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Well today didn't go as expected
There are traders at the moment holding shares whilst the markets are in free fall. Some have outwardly justified that they are not worried by exclaiming they are in it for the long haul so they haven’t sold anything yet "even justifying" that it's too late to sell now (that was a week ago) while others have responded by declaring "I've held these positions this long I might as well keep holding them".

Fear is setting in
Those same traders are getting fearful if today selling is any indication as they are realising we may have another GFC style correction on our hands believing the bottom could still be a long way off. It appears some attitudes have shifted thinking it would be better to sell & come back in later, hopefully when the shares have sold down further, purchasing them cheaper sometime in the future.

I'm just expressing my opinion
Let's not get into a debate about fundamental traders verses technical traders but as a 100% tech guy these past few weeks highlights the shortcoming of a fundamentalist. Traders who use fundamental analysts are good at identifying companies with good management that make money (as well a myriad of other things) - they often get the “what to buy" part correct but they but they sometimes fall short getting the “when to buy” timing correct because they declare that you can’t time the market.

It's all about timing
Trading using technical analysis gets not only “what to buy" but also "when to buy”. Buying good companies at the wrong time or price can be a recipe for disaster & (IMHO) if you are not able to get the “when” correct (the timing) you can start off being behind the "eight ball" as you are simply relying on the hope that in the short term your analysis is borne out in the share price in the long term.

Skate.

<blockquote data-quote="Skate" data-source="post: 1061745" data-attributes="member: 57364">Well today didn&#039;t go as expectedThere are traders at the moment holding shares whilst the markets are in free fall. Some have outwardly justified that they are not worried by exclaiming they are in it for the long haul so they haven’t sold anything yet &quot;even justifying&quot; that it&#039;s too late to sell now (that was a week ago) while others have responded by declaring &quot;I&#039;ve held these positions this long I might as well keep holding them&quot;.Fear is setting inThose same traders are getting fearful if today selling is any indication as they are realising we may have another GFC style correction on our hands believing the bottom could still be a long way off. It appears some attitudes have shifted thinking it would be better to sell &amp; come back in later, hopefully when the shares have sold down further, purchasing them cheaper sometime in the future.I&#039;m just expressing my opinionLet&#039;s not get into a debate about fundamental traders verses technical traders but as a 100% tech guy these past few weeks highlights the shortcoming of a fundamentalist. Traders who use fundamental analysts are good at identifying companies with good management that make money (as well a myriad of other things) - they often get the “what to buy&quot; part correct but they but they sometimes fall short getting the “when to buy” timing correct because they declare that you can’t time the market.It&#039;s all about timingTrading using technical analysis gets not only “what to buy&quot; but also &quot;when to buy”. Buying good companies at the wrong time or price can be a recipe for disaster &amp; (IMHO) if you are not able to get the “when” correct (the timing) you can start off being behind the &quot;eight ball&quot; as you are simply relying on the hope that in the short term your analysis is borne out in the share price in the long term.Skate.</blockquote>

[QUOTE="Skate, post: 1061745, member: 57364"] [B]Well today didn't go as expected[/B] There are traders at the moment holding shares whilst the markets are in free fall. Some have outwardly justified that they are not worried by exclaiming they are in it for the long haul so they haven’t sold anything yet "even justifying" that it's too late to sell now (that was a week ago) while others have responded by declaring "I've held these positions this long I might as well keep holding them". [B]Fear is setting in[/B] Those same traders are getting fearful if today selling is any indication as they are realising we may have another GFC style correction on our hands believing the bottom could still be a long way off. It appears some attitudes have shifted thinking it would be better to sell & come back in later, hopefully when the shares have sold down further, purchasing them cheaper sometime in the future. [B]I'm just expressing my opinion[/B] Let's not get into a debate about fundamental traders verses technical traders but as a 100% tech guy these past few weeks highlights the shortcoming of a fundamentalist. Traders who use fundamental analysts are good at identifying companies with good management that make money (as well a myriad of other things) - they often get the “what to buy" part correct but they but they sometimes fall short getting the “when to buy” timing correct because they declare that you can’t time the market. [B]It's all about timing[/B] Trading using technical analysis gets not only “what to buy" but also "when to buy”. Buying good companies at the wrong time or price can be a recipe for disaster & (IMHO) if you are not able to get the “when” correct (the timing) you can start off being behind the "eight ball" as you are simply relying on the hope that in the short term your analysis is borne out in the share price in the long term. Skate. [/QUOTE]

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