What is your plight?
You got an axe to grind? <<<
JT, i can tell you, that for every one person who digs you about your market position, there are probably 100's of lurkers that appreciate your rydex updates, i know i do.
Not all criticism should be taken as a personal attack, you can learn from criticism.
between true contrarian events there are trends, and contrarian events can come at levels, different than previous market cycles.
I will point out the $5 breakout today in gold, for the longest time when the rydex gold fund got to 60K it was a dead player - sell it, short it, it has been over 60K for a good portion of 2002, and there has been nothing but consolidations and new uptrends.
I have traded gold stocks on this run-up, but i would have done better just to hold em, oh well.
the point is that you have to respect trends in place, and contrarian thinking needs to be tempered with other analysis.
it's all a game in the end, just like monopoly, survivor, or hollywood squares.
most of this fantasy and dysfunctional thinking in the financial press and in the trading pits, that moves markets is only slightly related to what happens on main st. and in our daily lives.
one must keep a perspective |
