Serenity Now

"buy on the cannons, sell on the trumpets"
-old Wall Street saying
 For the definition of giddiness just turn on your TV and tune in to any financial network. I believe that the best time to buy is when the crowd is negative and the time to sell is when the crowd is giddy and complacent. It is unambiguous where we are at this stage. If I knew when the exact turn would happen I would wait for that moment. As a mere mortal I will continue to layer into shorts and will suffer until the turn

1 comment:

robo said...

“When you are crying you should be buying; When you are yelling you should be selling”

For all the True Contrarians!

Robo

My definition of the underworld would be having to watch financial cable TV nonstop through eternity without even being permitted to take bathroom breaks.

http://www.truecontrarian.com/