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
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
Labels: Market analyses
posted by David M Gordon | 6:22 AM
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