Market in Death Cross Mode: Stay on the Sidelines Says Louise Yamada
finance.yahoo.com
Fast markets are emotional markets. In case you had any doubt on that, I would refer you to the comment section of Breakout stories from last Wednesday when bears ruled the roost, and the comments from yesterday when the dominant theme was the impossibility of "timing the market" (by, say, opining that stocks had hit a near-term bottom at 1,100).
READ THE ENTIRE ARTICLE HERE
My comment...
This is good stuff, especially if you're in the stock market and thinking about getting out, or vice versa. I really like her quote: There are only two losses that you take. Loss of capital and loss of opportunity. I'd rather be out of the market wishing we were in, than in the market wishing we were out.
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