I heard where the market is yesterday and thought, “Oh man, those that think it’s recovered and it’s time to get back in are being suckered. It’s starting to look like a sine wave, and it’s on it’s zenith again.
You can’t time the market. People may think they can but ultimately they get burned.
Had I listened to the economic doom and gloom predictions surrounding Obama’s election, I would be considerably poorer today.
Federal funny money to Wall Street will ensure that the markets don’t crash for the remainder of Obama’s time in the White Hut.
After that, look out below.
Unless, of course, Hillary! is elected.
One of my college Professors taught me The Rational Man Theory Of Investing. He said the only problem is that no one uses it.