This blog post is in reply to a question posed by a reader, Poh Huat.
Read Poh Huat's question: here.
Saruman, the White?
Hi Poh Huat,
If we can tell accurately when the market is going to crash, it would make sense to sell everything before that. If we can tell accurately when the market has hit bottom, it would make sense to throw in everything including the kitchen sink. ;p
Question: Can we tell accurately? This is where we try to make sense of the charts using technical analysis and I dabble a bit with this as you probably know.
However, I cannot say that I know with a great degree of accuracy if the market has peaked or bottomed. It is quite obvious from the moves I made which I blogged about.
What matters more to me is not to overpay for any investment. By this, I do not mean that if I pay ......
