Tuesday, September 25, 2007

What To Do When The Market Is In A Rally Mode

When the market is "on fire" a lot of interesting things happen. We are sure you have heard the old adage "a rising tide lifts all boats" and it is one of those "truisms". When the market is on fire just about everyone does well. But when the market gets nasty the rebounds are very often left to the "survival of the fittest". At that point the adage that you don't hear is that "when the tide goes out, only the best boats float". We have seen this pattern before after major market crashes. Money comes back to the strongest and the fittest first. If you turn on CNBC you will start hearing pundits tell you that you have to be more selective about who you buy. Well the point is that if you are a trader, you have to take what the market gives you. What is important is bei View the rest of this article


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