Saturday, July 12, 2008

Bear market posts and more

I cleaned up the last post grammatically and added a little bit. Worth a re-read...
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It is not a bad idea to summarize some bear posts going back to the beginning of the year for reference purposes. History repeats itself... and you may remember what you were thinking then and see points outlined then that can help you now... its ok to make mistakes once... but 'you can't be fooled again'.

Below is a compilation of posts that warned of the bear market return. They are not the only ones; however a reasonable list. I was by no means the only one pointing this out back then and in fact used the resources of some of the blogs at right to learn what was really going on. Perhaps the 'Rose' can help you in a similar manner.

We are now in a very interesting position in the markets. I have been mostly in cash + a few trades. The bears are getting greedy just like they were in March. I don't want to be short. At the same time there has been no positive catalyst (like the BSC bail-out) to reverse the downward trend... so I certainly do not want to be long except for short-term trades. Often doing little or nothing is the best in times of uncertainty. Remember Buffett's first rule of investing: Don't lose money.



Here are the posts...

Bear in Mind
June Swoon Coming?

Market Correction Coming?
Did you Forget about the shorts?
Drink Up Storms a Cmn
In a Picture and a Word: Why this market is so dangerous

"The Yellow Rose Street Beat" is for informational purposes only. It does not give investment advice.

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