when investing, its up to you to gather as much relevant info from sources you respect. Next, you interpret it.
Then, you have to make your decision.
You no longer want someone else to simply tell you what to do.
Kass is a good perspective.
From what I’ve read, I agree with Kass. Most investment CEO’s see the market ticking up through the end of the year, even though unemployment is lagging and may lag well into 2010. Many predict another leg up to S & P 1000.
I’m not all in yet, but might be soon once I see this correction leveling out.
You’re right. You have to read and watch a lot, then make your own decisions.
If you totally swallow the doom and gloom scenario, you’re going to miss out on some great opportunities.
Financial writers are useless now. Someone in hindsight will guess right, sure.
The concept that anyone with the best info can make the best prediction is no longer true.
The random interferences from the government and foreign manipulators drown out the functional market signals.
It’s like trying to play poker when someone has a 15000 lb backhoe clawing up the pot on the table.
It’s complete nonsense out there.