Financial Standard Comments - Missing the forest for the daily grind

Comment by Dan R ()

Dan R () — Thu, 19 Apr 2012 12:50:03 +1000

Thanks Ben, I'm also sick of the market being surprised by something as simple as a poor bond auction in Spain, only to rally on comforting remarks from policy makers that we all knew were inevitable? hasnt anyone factored these type of daily events into their models yet????

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Comment by BenO ()

BenO () — Thu, 19 Apr 2012 13:33:26 +1000

Thanks Dan R, merely stating the obvious.

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Comment by Tom P ()

Tom P () — Thu, 19 Apr 2012 15:10:04 +1000

Yes why is it that the market is driven by this short-termism. Investors should stop being seduced by the song of the Sirens (the politicians) and face the inevitable ... that the end is nigh for the Euro!

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Comment by John ()

John () — Thu, 19 Apr 2012 15:22:10 +1000

It is a traders market. We must keep a close eye on our favourite stocks and trade them.
It is so important to know as much as we can about our "favourites" if we have those.
Volatility can be our friend as long as we make rules for our self and stick to them.
Eventually things will settle down and those in the Markets should be well placed then.
In my 40 years trading shares, I have found nothing more galling than to have to say: " I should have......" and didn't.
It is no wonder though that even Ben can get downhearted!!

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