Today's Market
by Dr. Invest


Someone asked, "Well what do you think about the market today!". The past three or four days of stock returns have been spectacular. For the amateur, it seems that it is time to buy. Today proves that whatever bearmarket gains we see, it is likely to be only a "sucker's market" or a "dead cat bounce" in the end.

I am not keen on most of the analysts seen on CNBC or other news programs, but Louise Yamada seems incredibly honest about the present market. See her at Yahoo by clicking on the link below:

http://finance.yahoo.com/blogs/breakout/market-death-cross-mode-stay-sidelines-says-louise-152153683.html

She reflects what I have already been saying and one would be wise to put her ideas into practice. My opinion has not changed. STAY OUT OF THE MARKET! Your chances for success are minimal until October, and even then you will need to retest the market for its trend.

Listen carefully to Louise Yamada and take your own personal notes. She uses the idea, "the weight of the evidence". Volatility, the death cross, the poor historical stock returns in August and September, and a weakening in the economy points to what Louise Yamada calls, "Staying on the sidelines" because their are only two losses you take, the loss of OPPORTUNITY and the loss of CAPITAL. We would rather be out of the market, wishing we were in; than to be in the market, wishing we were out.

(note: the above article is not for investment purposes and is soley for entertainment.)