Ralph, you express yourself well!!
I feel the same. There are some advisors, who are not market timing advisors, who recognized the bubble and warned to lighten up. For example, in June, the F.X.C. Newsletter warned to sell one-half of the large cap positions in the summer rally, and stay in cash to prepare for some bargains later in the year. JD kept telling us why we should not lighten up.
I listened to his Wednesday update. He pushed PHG, CLB, LSI, RP, and HLT, all of which are big losers. I am thankful I sold my PHG, HLT, and one-half of my RP. Unfortunately, I still have CLB, FFS, and CD.
I still listen to his update to see if he says anything about CPPKY, FFS, CLB, or CD, the four big losers.
Like you, I am finished with JD. My subscription is about up, so I will hang on until then and see if he gives any useful information. |
