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Chris B
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You just have to dollar-cost average into and out of the market over several months when you suspect a change is coming. Don't expect to buy or sell within 10% or the bottom or top. Be a skeptic in all things. Arrogance will destroy your portfolio.
Sep 02 11:07 am
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All Comments by Chris B »Which Improves First - The Stock Market or the Economy? [View article]
OldLimey has a point, the market is sort of a media echo chamber. Why else were investors more worried about missing out on gains a year ago when a year later they would be more worried about preserving capital. Why should past performance affect our investment methods? Why do people focus mainly on the information that everyone else is focusing on?
Understanding psychology and reversion to the mean might be all it takes to make money in this market.