one more once

Fear Is Not a Strategy

I will continue to adhere and employ William O'Neil's strategy for investing. The retail investor/trader requires the big institutional money flow into the market and individual stocks to realize solid and even better than average returns. Many others have tried to entice or impress upon others to buy since February when we were reminded that August of last years concerns were not to be casually brushed aside and corrected ultimately with a rate cut or two. I wonder where they are now? If they bought they could be down 30-50%. That would take 40%-100% increase to get to back even. Not an insignificant move by any means. Just ask those still holding Cisco at a cost basis of $50 from nine years ago. Patience will be rewarded when out of the ashes a new bull market eventually emerges and the leaders are not the same of the previous bull. Just don't anticipate the bottom, let it actually happen and follow through.

Are We There Yet? Not Even Close.

The bottom will come when Cramer can resist going 60 days without calling one. The market is smarter than everyone. Listen to the market. How quickly some forgot that after the last bear market and relegated their heads at the door of emotion and hope only to once again get it clocked while being hyped, obfuscated and assuaged daily by the 'experts' and cheerleaders.