Decline continues……25th day; too many fallen leaders
I am concerned that the leaders, GOOG, AAPL, GMCR are failing. We might be at the beginning of a significant bear decline.
Comments ( 2 )
Raed added these pithy words on Thu, 6-10-10 at 4:57 pmDr. Wish, how do you feel about volatility? Do you think the VIX will ever reach the highs we saw last year?
Jim Curtis added these pithy words on Thu, 6-10-10 at 5:49 pmEric, Keep the faith. What you do is the right way to go. I appreciate your output and use it profitably every cycle.
Random thoughts: Say you had a list of ten items that might effect the value of you portfolio. What would you put on that list? Information? Fundamental analysis? etc. I believe that after a cycle or two most of us might come to find that UNCERTAINTY and VOLATILITY are the two most important attributes if making money is your goal.
Final thought. As a serious investor you must never attempt to predict the market! If you do predict the market yo have two potential problems. One: You might be wrong and get wiped out before the game begins. Two: You might be right and get set up to get humbled with your next prediction. You just have to accept the fact that the market is not predictable.
In one form or another Eric’s way is the primary to survive and profit in the market. That is the way it has always been and that is the way it is always going to be.
Keep up the good work Eric we are with you.
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