Gersh, he is amazing to watch!
I think that the it is important to note that the method he utilizes only involves an end of day call. TM has also done very well with his end of day calls. Both only use mutual funds; and, while Don's is leveraged and TM's is not, Don rarely goes 100% and TM's are always 100%. I've watched both closely and it has greatly influenced my decision to limit my involvement in individual stocks in 2001.
I also thank you for the link to put issue. It just really seems that a lot of bad news is lurking on the horizon. However, as with the investment loss issue, I really do believe that, once it gets factored in, the bottom will be set. I have come to believe that it is not yet factored in to valuations.
I'm an a-political creature, but I do believe that all of this started by Big money attempting to take-away the stock market appreciation for the election. But, then, when it became obvious that no one won, the down draft accelerated. I'm just coming to believe that we've yet to reap what was sown. We'll see this week as some really important earnings reports come out. It just doesn't look good and I'm glad to be earning money market rates. It probably would have happened some time back if I hadn't been involved in other issues that distracted my attention.
JMHO and a View from the Swamp
TB |
