im out market being smashed, page-5

re: im out wrong decision Hey rogues, I use one of the p r i c k s too. I actually thought he was a mate, but too many things add up. They dont make money unless they churn you. I have slowly taken money away from him (used property as a good excuse) and set up my own comsec & cfd account. Have also set up with another broker too. I have learnt some very very valuable lesssons.

I have a lot of horror stories and unfortunately i just dont trust them. I held 4 stocks last year on broker advice which have double or more (one trippled). All blue chip (sought of stocks). Guess what. The best i got was a 20% gain on one of them. I know where u are coming from. They give you every reason to buy the stock, then when they go up, all of a sudden, they are telling you every reason why it is overpriced, run too hard etc. One of my favourites is when they tell you that analysts have no idea and they do everything in hindsight. BUT, if they want you to sell a stock, they tell you it has reached analysts share price.

I really you should take profits, and i reluctantly do most times. But, i have really become a believer in "the trend is your friend".

Oh, please, dont get me started!!!!!!!!!!!!!