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February 5, 2008

There is no such thing as news!  Well, what I mean is there’s no such thing as NEW news—at least in relation to the market.  Everything that is happening now has happened before.  And if it’s happened before—you guessed it—we can predict that it will happen again…or at the very least not be surprised when it happens again!  Seems like a silly reminder right?  Yep, I wholeheartedly concur—EXCEPT that somehow market amnesia hits us all from time to time.  This is especially true when the market is bearish and volatile.  The fear grips us and we can’t think straight. More...

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