"It's simple math. Once a broad market measure has satisfied several technical criteria -- such as trading above its 12-month average at the end of a month, or having its average price of the past 50 days surpass the value of its average price over the past 200 days -- then it's clear that the psychology of defeat has changed. With you or without you, no matter what you may think of the health of the U.S. economy and no matter whether you think China's strength is real or illusion, a bull market has begun, and new rules go into effect. Anyone who tries to fight the tape at that point will suffer"
Last year's swift, surprising plunge was so scarring that many investors may never look at securities the same way again. But hesitating now could mean that a big rally passes you by.
www.stockcaps.blogspot.com
 | Company Earnings Earnings Dates, Surprises, Conference Calls |  | Financial Calendars Stock Splits, Economic, IPOs, Mergers |
 | Analyst Research Report Screener, Analyst Performance Center, Up/Downgrades, Sector/Industry Analysis |  | Research Tools Stock Screener, Historical Quotes, Real-Time Quotes |
 | Company Reports Annual Reports, SEC Filings, Financial Statements |  | Bonds Bond Center, Bond Screener, Bond News, Bond Rates |
 | Mutual Funds Mutual Fund Center, Fund Screener, Top Performers |  | Options Options Center, Options News, Options 101 |
Wednesday, September 2, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment