The Deipnosophist

Where the science of investing becomes an art of living

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Location: Summerlin, Nevada, United States

A private investor for 20+ years, I manage private portfolios and write about investing. You can read my market musings on three different sites: 1) The Deipnosophist, dedicated to teaching the market's processes and mechanics; 2) Investment Poetry, a subscription site dedicated to real time investment recommendations; and 3) Seeking Alpha, a combination of the other two sites with a mix of reprints from this site and all-original content. See you here, there, or the other site!

22 January 2010

A market update

Well, the Decline of 2010 that I anticipated, and have argued its merits the past 3 months, its inception included, has begun precisely as expected.

Even so, and perilous though it always is to bet against the larger periodicity's trend, the possibility exists for a brief rebound from today's lows that would endure for 2 to 3 days. Should it occur, I would treat it as an opportunity to sell your weakest portfolio holdings -- before the market decline resumes in earnest.

Please join the discussion at Investment Poetry, where we discuss specific investments and their timing.
-- David M Gordon / The Deipnosophist


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