Quite a rally. I took my Puts off (I lost less than 1% of my portfolio, with the potential for upwards of a 10-20% gain in a few days). We may have put off the inevitable for a while…I’ll be watching this quite closely. I think what this does signal is that the Fed will [...]
I just finished reading a book called “Conquer the Crash.” This book was written in 2002, and it was like reading the book of a movie I’d already seen…except that I was living it for the last few years. It’s written by Robert Prechter, who uses Elliot Wave theory (fractal waves applied the stock market) [...]
Continue reading about I’m on the other side of the trade with Warren Buffet
My last post was the exact day the October rally started (I think, didn’t check — but certainly close). Three days ago, I almost wrote a blog with the quoted title. The market indicator I subscribe to (it uses similar leading stock behavior techniques similar to those that got me out of the market prior [...]
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