Trading Sentiment Buy Hold Sell, page-31

my reality is not yours , I do not share the outlook of pessimists and believe many others are optimistic about the future growth of WOW , its balance sheet repair etc same in the USA forward pe is ridiculous
so the only explanation is people are buying the future they get a dividend thats better than bank rates, our balance of exchange is driven by commodities our domestic economy is not.

the USA is the largest economy in the world , California remains the fourth largest economy in the world so if the big boys currency appreciates its spending will drive the world economy, for us thats China helping us retain our much treasured credit rating.

meanwhile if economic theory becomes the reality of growing our population its pretty straight forward,employment,infrastructure growth,real estate development etc etc will create more opportunity for retail, Wow are I am pretty sure thinking along the same lines as me and the punters driving the market higher, I dont trade at presnt, why would I valuations are improving.

so its all pretty simple I trade for position then sit until the tide turns against me, your outlook appears to be swimming against the tide with a highly conditional expectation of what outcome I am unable to grasp--- but mine is profit, so my bank manager will continue to send me greetings.

the last 3months have provided an increase in value of my portfolio, while expending some and without collecting a dividend, I am sure others have done better and the majority not quite so well--- thats what I do apply a theory ,seems to be working the market is moving .

so my job is to feed my family not my ego, being right means being profitable