Considering Your Life As A One Act Play, Ya Wanna Star Inna Tragedy For The Ages, Or A Pretty Damn Entertaining Comedy?
Friday, June 4, 2010, 11:33 PM
In general, your target is not to beat the market. It is to beat zero. As I have written for years, the investors who win in this market are the ones who take the least damage. -- John Mauldin
Rough Week for a lotta people. But I've been in capital preservation mode for a while; half cash and half bonds in the 401a, cash and short in the IRA's and trading accounts and I'm pretty sanguine about it all..... unless I'm reading Lakshman Achuthan.
Volatility is up, the trend is down, We're below the flash crash spike down, it all seems pretty clear to me....
What do you think the catalyst for this to change will be? When will it arrive? Do you have any interest in being part of this for the time being? Half cash and half bonds inna 401a.....