I would like to see Kimmel's trading P&L.. The reason I am being hard on Kimmell is because.. anyone that make these long term predictions should be suspect... If I ask a professional profitable trader what he thinks will happen 12 months.. they always say.. I dont know and it doesnt matter..
http://www.magnetinvesting.com/ Check it out...Im not promoting him BTW, I just found his sentiments interesting....I don't knowif his returns are based on PAPER or ACTUAL
that hidden buying... is the so-called plunge protection team. don't necessarily believe it or not believe it, just putting it out there...
...not to stary to far off the subject, Im hust curious about the psychology aspect of what he said....that when things are at their bleakest, is that the time to jump back in? Im thinking it's time to jump head long in but I thought that a little over a year ago. Does anyone else find themselves completely involved with the next news story? CNBC and the others now run a continuous ticket on the bottom with news....98% is bad....war, murder, scandal, scott peterson......does anyone else feel the drag?
was there EVER an extended time period of good news ?? in the very long term, we are in a MASSIVE bull market despite the news. best, surfer