This is the same turning point type that Aug. 18th, 2008 produced that turned in such a spectacular performance (up 8117.25% – not a misprint) in the “Trading To A Million” portfolio over the last 21 months.
I hope, dear readers, that in the last month you’ve been readying your strategy and preparing your portfolios (getting to neutral as Goldman Sachs is fond of saying) for just these days.
Remember when the market climbed since March of 2009 to very recently? That was pretty much in a straight line. What has happened to that line in the past two weeks? This is the sure sign of indecision.
Any more I tend to tell people once about a stock market projection and then go off to play it. But if wise man learns from others experiences then THIS is worth repeating.
Whether you’re a long-term trader or a newbie thinking about getting into the stock market, if you want to bullet-proof your trading career then you want to start slow or slow down when faced with uncertainty and proceed with caution. It allows your to stay in the game.
