Jill,
Your post is right on a topic that I have been obsessing about since the market tanked. I've heard many professional money managers talk about how they saw this crash coming and got their clients out, because they had a "model" and were using charts. I feel like I have been playing blind man's buff and I need to get with it or get out. Could you, and perhaps others, post the charts they find most useful to read the market? If this has already been done ad nauseum, I will go back and read the early posts.
Your point about risk also spoke to me. I realize I have been taking risks that are fine for some of the many wealthy people who frequent SI, but totally inappropriate for someone of my modest means. I'm even wondering if professional money managers could do better for me, since they would, supposedly, be disciplined and un-emotional about investing. Of course, being worked over by a CIBC broker is what brought me to SI in the first place, so maybe not...!
Thanks to you and others for this generous thread,
anna |
