The market is not going any lower. I sold the low on January 22nd and we haven't looked back since. The bear market lasted for 2 months and we are now headed back to new highs!
14,000 on the DOW here we come!
Due to cutting of interest rates and a great economic stimulus plan, the economy will be stronger than ever in no time. This is also an election year, so you know the market has a bullish bias. Add in the Buffet backing of bond insurers and you could say goldilocks is looking great.
Also, all those people that invested in gold as a safe haven are going to make out like bandits in the next 2 months.
Visit Dinosaur Trader and Mr. White Folks. These two guys are awesome friends of mine and are well worth your time for all the great content they consistently provide.
Also visit TraderFeed and read all of the articles because it will surely make you a better trader from all the great trader psychology stuff.
I've got pneumonia and I suck at trading.
Have a great day!
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