Thomas Kee

The Industry Indicator: Buy When the Market Sells

Cecil:

Managers do not know when the market is about to fall. But more importantly, they don't make any attempt to protect their accounts because the firm makes no attempt to do that either, although the firm might and does do that with their in house trading accounts.

The objective of the firm is to keep the investors inested. That's the root of earning commissions, which is the goal of each and every office. In fact, they are all ranked on the amount of commissions they earn, in addition to assets gathered to generate commissions of course.

Regarding your next point of knowing the turning points, all I can do is tell you what I have been doing int he past, and I've been damn good at it. Listen to my CNBC clips, or, better, just read one of my past seeking alpha posts:

seekingalpha.com/artic...