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Old 07-30-2007, 05:31 PM
The once and future king The once and future king is offline
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Join Date: Aug 2004
Location: Iowa, on the farm.
Posts: 3,965
Default Re: Ask a Technical Analyst

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Last 5 year average approximately 35% annual return.

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Do you think you will manage this over the next 5 years ?

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I don't see why not. I know that sounds egotistical, but that is an honest answer. I've developed a good feel for the market, I allow the indicators to give me a good representation of what is going, I keep my losses tight (which has helped enormously on the bottom line, and one of the key drivers to those numbers) and stay disciplined. It's taken me a long time to get to this point, I've worked hard, put in more screen time than I like to think about, but that's what has made me successful at this.

THE HUN.

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The market for the last 5 years has been relatively "easy" to predict/fluke compared to historical precedent. I dont think the next 5 years will be so straight forward. There is 450 Trillion dollars (yes massive isnt it) in the credit derivatives market, and that market is going through some turbulence. Knock on effects/contagion of this will be unpredictable at best. I dont think it would be unrealistic for you to revise down your expectations for the short to mid term.
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