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Interesting times in the market, don't you think?

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Interesting times in the market. To crash or not to crash, that is the question.

I feel it isn’t going to crash but that’s a guess. It’s a speculation that the market doesn’t like to deliver the expected and a crash is what everyone is thinking will happen this summer.

Meanwhile the Euro is falling nicely and this is regenerating my “stupid punting” fund I keep with a spread better. I’ve had it for 10 years and it oscillates between a sizable amount of money to nearly all gone through the market cycle.

Right now it’s getting some altitude back. When it hits the ceiling I’ll start to worry another correction is on its way.

I note my Yen stop loses blew me out at the bottom of the market and that I’d be up a ton of money if I hadn’t put them in. This is why I hate stops and rarely use them. In any event that money is to burn.

The punting account is to remind me of the trading hell that is speculation and the difficulties of many ADVFN users.

It’s a sobering process. I do nicely from investing but when I speculate I make nothing. It’s only at the high frequency trading end I make money.

Between milli-second trades and stately investing there is a profit wasteland. Why? Because that’s where the market jungle is, where there is always someone or something ready to pummel you into the ground.

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This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

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