“October.      This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.” Mark Twain, The Tragedy of Pudd’nhead Wilson, 13, 1894 Why did Mark Twain pick on October first, 35 years before the big crash?  Was he a [...]

Tonight was Investor’s Business Daily Meetup Group night.  Investors all over the world who are interested in IBD trading strategies can meet on the last Wednesday of each month to share their insights on investing and trading.  Tonight, about nine of us met at a local restaurant.  There is a core group of regulars with [...]

“Want to know how to make a small fortune in the stock market? Start with a large fortune!” I thought you would probably want me to back off of the strategy discussion (see yesterday’s post) and to return to my take on the market.  A number of people have written to me about going short.  [...]