>>>Where do we go from here?<<<
In trying to make some sense of the current mess, I took a look at a few of the best % gainers I (we) had during the last 15 months or so.
JMAR, ARIA, ATMS & POCI..
At the very time these 4 were washed out, nobody gave them any mind, mainly from early summer of 1999 into late fall, they represented the best time to buy.
Overlay 2 year price charts of those 4 and you will see what I am talking about.
Little stuff usually moves in tandem, so keep a watch on the Rut indexes...(rua, rut, rui & the tmw)
Now, we also know that the next FED move/s will be to reduce rates, we just don't know when. But they will, so we must also prepare for that, as stocks will get a lift.
As for the prez mess, I don't think it matters much who gets in at this point, we just need closure. It has become a media circus and a curiosity, nothing more. And it also shows just how ugly politics has become, but this is the USA, and as always, we will stumble through.
And, bglad, I agree with your take on the "fund managers"
They usually follow the sheep theory of investing.
As always, stock pricing always reaches extreme price points, our job is to buy and sell that spread. It is that simple..... |
