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To: bankwalker; 21twelve
what’s that you’re using to generate buy and sell signals?

That's easy. 

My buy signals are whenever 21twelve says that I was trying to say "BUY!".    My sell signal is the next low point.   OK, I realize this system only works after the fact, but that flaw never stops most of the self-appointed gurus selling newsletters.  

However, anyone who actually wants to make money needs to have predictive signals, which is why I was pleased with Investor's Business Daily's recommendation two months ago to go 100% cash.  fwiw, these days they're saying to get ready for the next rally...

17 posted on 10/27/2008 2:42:11 PM PDT by expat_panama
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To: expat_panama

“OK, I realize this system only works after the fact, but that flaw never stops most of the self-appointed gurus selling newsletters.”

LOL! And thanks for the link to the IBD.

What about the long-term investor that is ignorant (like me). I look at this Federal Debt, bad credit that is STILL out there, and these bailouts that seem to be bandaides on a hemoraghing patient?


18 posted on 10/27/2008 2:49:03 PM PDT by 21twelve (Ever Vigilant, Never Fearful)
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