karchad

Wednesday Outlook: The Bad News Is the Good News

I've been in DVY since 11/2003, and have an annualized yield still of just over 10%. Like any other investment, if you buy at the top, you suffer. If you buy decently, you can weather the bad times (and in fact buy more at low points). So his comment on DVY is a bit off.

Thursday Outlook: Range-Bound Trading

i would think that a trading range after a sharp market decline is bullish. At the top, I'd be scared, but at 10-20% down, i'll take a trading range for a few months anytime. The longer it goes on at this level, the more bullish it would seem to be, if one has patience