Cheerleading for an 0-9 Team To Go 1-9 [View article]
that's 16 years of waiting on the nikki...not 26.
i'll say this....the risk/reward ratio of stocks today is a hell of a lot better than it was one year ago and with short t bill rates pushing zero there isn't much of an alternative to stocks. as for picking the bottom, you don't need to do it to make a hell of a lot of money when the turn comes. for those who argue that it won't turn....history is against you. i've been bearish a long time but 've started to buy selectively with relatively small positions in stocks that have good finances that i think have a long term future. and i plan to keep doing so...particularly on those severe downdrafts that will likely be recurring in coming months.
Cheerleading for an 0-9 Team To Go 1-9 [View article]
i'll say this....the risk/reward ratio of stocks today is a hell of a lot better than it was one year ago and with short t bill rates pushing zero there isn't much of an alternative to stocks. as for picking the bottom, you don't need to do it to make a hell of a lot of money when the turn comes. for those who argue that it won't turn....history is against you. i've been bearish a long time but 've started to buy selectively with relatively small positions in stocks that have good finances that i think have a long term future. and i plan to keep doing so...particularly on those severe downdrafts that will likely be recurring in coming months.