Be Fearful When Others Are Greedy - FMT Market Update for 3-21-16

Be Fearful When Others Are Greedy - FMT Market Update for 3-21-16

“Be fearful when others are greedy.” That is a great quote from Warren Buffett. He also said “be greedy only when others are fearful.” The CNN “Fear and Greed” index is sitting at an “Extreme Greed” level and has been for a few weeks now. There is a fair amount of research that shows that market tops are marked by periods of greed and that this has historically been a signal for a correction. This is interesting stuff and I really like reading about it. This information does create an expectation for me about what the market is going to do. But, I don’t place trades based on expectations. I place trades on proven realities. The expectations draw my attention to particular markets or charts and then I wait for reality based proof that the expectation is being met. Right now, I have an expectation that the major indexes are going to turn down in the very near future. If you have been following my updates for any amount of time, you know that I am convinced that we are in a Bear Market and that the current move up over the last several weeks is simply a Bear Market Rally. We would have to go take out previous highs in the $2100 range on the S&P 500 for me to question the ongoing Bear Market. I have an expectation that the current rally will send very soon and the proof may come very soon. When and if it does, I have some really good short trades ready to go. I’m looking forward seeing reality conform to my expectations and then to make some profit on that. If, in the unlikely event that I am wrong, I will have lost nothing and I’ll be ready for whatever reality presents itself. The reality of Oil is that the correction has begun! A few weeks ago I said that if the Crude Oil futures went up through $37.09 with some momentum, then the correction was on. It went through that level and have put in new highs for the year, closing on Friday, 3/18/16 at $41.14. We are looking for Oil to get up to $65 - $85 as this correction to the down trend plays out. It will take some time, but that is the high probability price target. We are trading in energy now and in some really promising positions with more coming. Gold continues its recovery as well. 6 weeks ago I said if Gold Futures went up through $1113, then the recovery was on. It did and it is. Gold closed on Friday at $1256 and isn’t done yet. It may well pull back before resuming its upward trend, but there is a very high probability of it getting to the target zone of $1347 - $1532 over the next several months. We are in some great Gold and mining trades and there are more to come here as well. That’s it for this week. It just might be time to get a little “fearful” as the crowd gets greedy. And “fearful” doesn’t mean we have to be afraid. As long as we stay anchored in reality and trade with discipline and with risk control, we can be relaxed and profitable. Stay tuned.

Success & Investing Secrets - Forbes Magazine Interview - Warren Buffett with Jay Z

Success & Investing Secrets - Forbes Magazine Interview - Warren Buffett with Jay Z

Next to Air, Money is extremely important no matter where you are in life. No matter what you think about, where you live, or what you want to do, there should be no argument with this; you need money to do it! If you desire to live better you need money, if you want to send your kids to private school, you need money. If you are incarcerated and want to go to the commissary, you need money. I am a believer that success leaves clues and being able to hear from two very successful individuals in two different areas of business can be priceless if you truly listen, take notes and apply what they are sharing. http://bit.ly/1eWkh0e Checkout my Business Blog: http://www.demetriusflowers.com/blog/success-investing-secrets-forbes-magazine-interview-warren-buffett-with-jay-z Taking Risk is the key to being successful. This life demands that we allow our fears to fuel us to achieve! Demetrius L. Flowers 312.504.4408 Cell

[10 Quotes] Warren Buffett - Never Lose Money

[10 Quotes] Warren Buffett - Never Lose Money

[10 Quotes] WarrenBuffett 1.Rule No. 1 : Never lose money. Rule No. 2 : Never forget Rule No. 1. 2.Price is what you pay. Value is what you get. 3.Be fearful when others are greedy and greedy when others are fearful. 4.The most important thing to do if you find yourself in a hole is to stop digging. 5.You never know who's swimming naked until the tide goes out. 6.It takes 20 years to build a reputation and five minutes to ruin it. If you think about that you'll do things differently. 7.No matter how great the talent or efforts, some things just take time. You can't produce a baby in one month by getting nine women pregnant. 8.Someone's sitting in the shade today because someone planted a tree a long time ago. 9.The difference between successful people and really successful people is that really successful people say no to almost everything. 10.Life is like a snowball. The important thing is finding wet snow and a really long hill. Photo: By Mark Hirschey - Work of Mark Hirschey, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=2581999 Music: Youtube Audio Library - Runaways best quotes, top 10 quotes

Warren Buffett explaining the importance of Public Speaking skills

Warren Buffett explaining the importance of Public Speaking skills

Outstanding and Profound Quotes by Warren Buffett

Outstanding and Profound Quotes by Warren Buffett

Inspiring quotes by Warren Buffett, an American business magnate considered by some to be one of the most successful investors in the world. Quotes compiled from http://www.QuotesMessages.com --------------------------------------------------------------------------- Warren Buffett Quotes in this Video --------------------------------------------------------------------------- Quote #1 - “Price is what you pay. Value is what you get.” Quote #2 - “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.” Quote #3 - “Someone's sitting in the shade today because someone planted a tree a long time ago.” Quote #4 - “Risk comes from not knowing what you're doing.” Quote #5 - “It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” Quote #6 - “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” Quote #7 - “It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.” Quote #8 - “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” Quote #9 - “You only have to do a very few things right in your life so long as you don't do too many things wrong.” Quote #10 - “It's only when the tide goes out that you discover who's been swimming naked.” --------------------------------------------------------------------------- Green Leaves by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Artist: http://audionautix.com/

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