Circling the drain
It amazes me to see so many bearish patterns cluster as they do now, and across sectors and groups. It appears all but obvious, at least to me, that this decline will become increasingly painful before it improves. Do not allow yourself (or your portfolio) to be suckered into the market, or you likely will be sucker-punched by the market. Sorry, Greg, but your selections of BHP, CCJ, RTP, and the railroads as possible investment opportunities look equally horrid to the rest of the market.
Here is an interesting email I just now received...
"There was a time in the past when I would have been lured back into the market by the movement of the last few days and then upset with today (yesterday). Instead, I went about what I do with nary a care."Yeah, ain't that the truth!
-- David M Gordon / The Deipnosophist