Yup, worst month ever, according to Barry.
That’s right, I don’t get it, how the hell can all these “market experts” who talk, trade and write all day long across the joke that is the financial “industry”–I’m including mutual funds, hedge funds, CNBC, ANALysts, BROKErs, actually get paid for their pathetic excuse for an existence when they all uniformly suck?
When their pathetic excuse for an existence uniformly loses people $?
When their pathetic excuse for an existence teaches them market skills to trick those who they lose $ into giving them more $ and blaming the economy/Greenspan/leverage/deregulation–basically everything except themselves for not using strategies like ShortStocking or PennyStocking–strategies that have superior track records in good times and bad as long you stick to the damn rules!–so as not to fire their sorry asses!
Yup, I’m gonna keep ranting because the industry as a whole can ignore me and my nasty little low priced stocks all they want, people who watch and follow the strategies, lessons and rules detailed in my instructional DVDs are up nicely this month. And this year. And this decade.
Even as mainstream strategies like buy and hold aka “buy and die” and value investing “valium investing” get socked for 40%+ losses.
Funny thing as you’re gonna hear me repeat again and again is that I spend most of my time researching and blogging and I’m even up 12% now on the month, 161% for the year.
Most of my TIMalert subscribers are up that much and more, even if many are too undisciplined/wet behind the ears to have profited from the “easiest trade of my life” EVC today (detailed post coming…)–I made $1,400ish in 20 minutes on a wimpy $5,300ish position.
One day people, especially those with small accounts (hey, now that people have lost so much $, my market size has increased!) will learn just how great/easy it is to be fully liquid, apathetic to what the market as a whole does as long as it does it with some flair, and ready, like a sniper, to profit from quick bouts of pricing madness in low priced stocks, but I assure you it’s not this day.