Monthly Archives: May 2012

Still in Cash…but Keeping a Watch List

Although we are still in a correction, I always recommend keeping a watch list of stocks acting well. The theory is that IF the market bottoms soon (I'm not saying it will), the stocks that have held up well during the pullback have a higher probability of working out IF a new uptrend begins. Make [...]

By | May 28th, 2012|

Follow-up to my Cash Blog Post

In nearly 3 years of blogging, my recent post about sitting in cash (click here to read) was one of my highest-rated blog posts. I want to sincerely thank everyone for reading it and for all the kind comments. I have 3 follow-up points I would like to make: 1) I received several emails asking [...]

By | May 20th, 2012|

7 Reasons I Don’t Mind Sitting in Cash

I've been trading for 16 years. For the first 12 years, I would do very well during market uptrends, only to give back a good deal of profits during the corrections. I made one simple adjustment over the past 4 years: When I see potential warning signs, I now go to cash and SIT OUT! If [...]

By | May 16th, 2012|

Give Yourself A Chance

Whenever I attend investment conferences or speak to a group of traders, there are always a few people looking for the "Holy Grail." In other words, they are searching for some magical formula or a crystal ball to tell them when to get in and out of the market. I have news for you: IT DOESN'T EXIST! [...]

By | May 4th, 2012|

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