Monthly Archives: October 2018

NOT A GOOD OUTLOOK

OVERSTAYING A BULL MARKET Most investors make money in a bull market, only to lose all profits made–and sometimes more, in the readjustment that inevitably follows. –The New York Times, September 22, 1929 I’m writing this piece as the Dow … Continue reading

Posted in On Markets | Comments Off on NOT A GOOD OUTLOOK

On The Mindset Problem

It has never been my objective in these essays to call the top of a bull market. It matters not if I managed that if I didn’t have the proper frame of mind to take action well before the turn … Continue reading

Posted in On Markets | Comments Off on On The Mindset Problem

An Extraordinary Moment Dead Ahead

Everything unwilling to change, will die Everything that changes, dies only a little —Ray McManus, Red Dirt Jesus I’m not gonna lie, I don’t know if the DJI topped today, or has another 300-500 points rally left before making its … Continue reading

Posted in On Markets | Comments Off on An Extraordinary Moment Dead Ahead