[4plexowner]

in general, stocks are for suckers – they are a rigged game and the game isn’t rigged in favor of the average investor

there are times when the average investor can do OK in stocks – now isn’t one of them

unfortunately, people in this country are bombarded with really bad advice and conveniently picked ‘facts’ about stocks:

– buy and hold
– dollar cost averaging
– stocks return 7% on average over long term

this bad advice is compounded by systems that encourage people to buy stocks and hold them for the long term:

– tax savings via 401K’s and IRA’s
– employee stock purchase plans
– company matching for stock purchases
– penalties for early withdrawal from these systems

all of these factors cause the average investor to lose money in the stock market over the long haul

~

and another significant factor: people are not allowed to go short in most of their 401K and IRA accounts – the average investor shouldn’t be shorting stocks but the fact that he isn’t allowed to do so is another indication that the game is rigged in the house’s favor (ie, keep the suckers long stocks regardless of what the market is doing)

[4plexowner]

in general, stocks are for suckers – they are a rigged game and the game isn’t rigged in favor of the average investor

there are times when the average investor can do OK in stocks – now isn’t one of them

unfortunately, people in this country are bombarded with really bad advice and conveniently picked ‘facts’ about stocks:

– buy and hold
– dollar cost averaging
– stocks return 7% on average over long term

this bad advice is compounded by systems that encourage people to buy stocks and hold them for the long term:

– tax savings via 401K’s and IRA’s
– employee stock purchase plans
– company matching for stock purchases
– penalties for early withdrawal from these systems

all of these factors cause the average investor to lose money in the stock market over the long haul

~

and another significant factor: people are not allowed to go short in most of their 401K and IRA accounts – the average investor shouldn’t be shorting stocks but the fact that he isn’t allowed to do so is another indication that the game is rigged in the house’s favor (ie, keep the suckers long stocks regardless of what the market is doing)

[4plexowner]

in general, stocks are for suckers – they are a rigged game and the game isn’t rigged in favor of the average investor

there are times when the average investor can do OK in stocks – now isn’t one of them

unfortunately, people in this country are bombarded with really bad advice and conveniently picked ‘facts’ about stocks:

– buy and hold
– dollar cost averaging
– stocks return 7% on average over long term

this bad advice is compounded by systems that encourage people to buy stocks and hold them for the long term:

– tax savings via 401K’s and IRA’s
– employee stock purchase plans
– company matching for stock purchases
– penalties for early withdrawal from these systems

all of these factors cause the average investor to lose money in the stock market over the long haul

~

and another significant factor: people are not allowed to go short in most of their 401K and IRA accounts – the average investor shouldn’t be shorting stocks but the fact that he isn’t allowed to do so is another indication that the game is rigged in the house’s favor (ie, keep the suckers long stocks regardless of what the market is doing)

[4plexowner]

in general, stocks are for suckers – they are a rigged game and the game isn’t rigged in favor of the average investor

there are times when the average investor can do OK in stocks – now isn’t one of them

unfortunately, people in this country are bombarded with really bad advice and conveniently picked ‘facts’ about stocks:

– buy and hold
– dollar cost averaging
– stocks return 7% on average over long term

this bad advice is compounded by systems that encourage people to buy stocks and hold them for the long term:

– tax savings via 401K’s and IRA’s
– employee stock purchase plans
– company matching for stock purchases
– penalties for early withdrawal from these systems

all of these factors cause the average investor to lose money in the stock market over the long haul

~

and another significant factor: people are not allowed to go short in most of their 401K and IRA accounts – the average investor shouldn’t be shorting stocks but the fact that he isn’t allowed to do so is another indication that the game is rigged in the house’s favor (ie, keep the suckers long stocks regardless of what the market is doing)

[4plexowner]

in general, stocks are for suckers – they are a rigged game and the game isn’t rigged in favor of the average investor

there are times when the average investor can do OK in stocks – now isn’t one of them

unfortunately, people in this country are bombarded with really bad advice and conveniently picked ‘facts’ about stocks:

– buy and hold
– dollar cost averaging
– stocks return 7% on average over long term

this bad advice is compounded by systems that encourage people to buy stocks and hold them for the long term:

– tax savings via 401K’s and IRA’s
– employee stock purchase plans
– company matching for stock purchases
– penalties for early withdrawal from these systems

all of these factors cause the average investor to lose money in the stock market over the long haul

~

and another significant factor: people are not allowed to go short in most of their 401K and IRA accounts – the average investor shouldn’t be shorting stocks but the fact that he isn’t allowed to do so is another indication that the game is rigged in the house’s favor (ie, keep the suckers long stocks regardless of what the market is doing)

[4plexowner]

lots of people calling for a bottom around mid-5000 for the Dow followed by a rally back up to 9500 to 10500

then comes the big decline down to the ultimate low for this bear market – Richard Russell pointed out recently that we COULD be (nobody knows ahead of time) retracing the entire rise of the Dow from the 41 point level in the 1940’s to the 2007 high – only hindsight will tell us for sure

a bottom around 5500 with a rally back to 10K’ish followed by a decline to the ultimate low would be similar to the 1929 to 1932 behavior of the Dow – more money was lost on the second decline than the first because the bear market rally sucked everybody back into the market

rest assured that during the coming rally all the talking heads will be singing the praises of Obama’s recovery and how there is nothing but sunshine and lollipops forevermore – and people like me will be trying to get their friends and family out of the stock market before the big decline but will be labelled as gloom and doomers, conspiracy theorists, etc …

[4plexowner]

lots of people calling for a bottom around mid-5000 for the Dow followed by a rally back up to 9500 to 10500

then comes the big decline down to the ultimate low for this bear market – Richard Russell pointed out recently that we COULD be (nobody knows ahead of time) retracing the entire rise of the Dow from the 41 point level in the 1940’s to the 2007 high – only hindsight will tell us for sure

a bottom around 5500 with a rally back to 10K’ish followed by a decline to the ultimate low would be similar to the 1929 to 1932 behavior of the Dow – more money was lost on the second decline than the first because the bear market rally sucked everybody back into the market

rest assured that during the coming rally all the talking heads will be singing the praises of Obama’s recovery and how there is nothing but sunshine and lollipops forevermore – and people like me will be trying to get their friends and family out of the stock market before the big decline but will be labelled as gloom and doomers, conspiracy theorists, etc …

[4plexowner]

lots of people calling for a bottom around mid-5000 for the Dow followed by a rally back up to 9500 to 10500

then comes the big decline down to the ultimate low for this bear market – Richard Russell pointed out recently that we COULD be (nobody knows ahead of time) retracing the entire rise of the Dow from the 41 point level in the 1940’s to the 2007 high – only hindsight will tell us for sure

a bottom around 5500 with a rally back to 10K’ish followed by a decline to the ultimate low would be similar to the 1929 to 1932 behavior of the Dow – more money was lost on the second decline than the first because the bear market rally sucked everybody back into the market

rest assured that during the coming rally all the talking heads will be singing the praises of Obama’s recovery and how there is nothing but sunshine and lollipops forevermore – and people like me will be trying to get their friends and family out of the stock market before the big decline but will be labelled as gloom and doomers, conspiracy theorists, etc …

[4plexowner]

lots of people calling for a bottom around mid-5000 for the Dow followed by a rally back up to 9500 to 10500

then comes the big decline down to the ultimate low for this bear market – Richard Russell pointed out recently that we COULD be (nobody knows ahead of time) retracing the entire rise of the Dow from the 41 point level in the 1940’s to the 2007 high – only hindsight will tell us for sure

a bottom around 5500 with a rally back to 10K’ish followed by a decline to the ultimate low would be similar to the 1929 to 1932 behavior of the Dow – more money was lost on the second decline than the first because the bear market rally sucked everybody back into the market

rest assured that during the coming rally all the talking heads will be singing the praises of Obama’s recovery and how there is nothing but sunshine and lollipops forevermore – and people like me will be trying to get their friends and family out of the stock market before the big decline but will be labelled as gloom and doomers, conspiracy theorists, etc …

[4plexowner]

lots of people calling for a bottom around mid-5000 for the Dow followed by a rally back up to 9500 to 10500

then comes the big decline down to the ultimate low for this bear market – Richard Russell pointed out recently that we COULD be (nobody knows ahead of time) retracing the entire rise of the Dow from the 41 point level in the 1940’s to the 2007 high – only hindsight will tell us for sure

a bottom around 5500 with a rally back to 10K’ish followed by a decline to the ultimate low would be similar to the 1929 to 1932 behavior of the Dow – more money was lost on the second decline than the first because the bear market rally sucked everybody back into the market

rest assured that during the coming rally all the talking heads will be singing the praises of Obama’s recovery and how there is nothing but sunshine and lollipops forevermore – and people like me will be trying to get their friends and family out of the stock market before the big decline but will be labelled as gloom and doomers, conspiracy theorists, etc …

[4plexowner]

“the signal to look for that for me means BUY is when the djia is the same as one ounce of gold. dow 2500 gold 2500 an ounce means trade all the gold for stocks. probably sometime in 2011”

Richard Russell always mentions Dow 3000 or Dow 3500 as the point where the price of one oz of gold equals the value of the Dow – Richard says that major bear markets end when the ratio of Dow to gold is in the 1:1 – 1:2 range (1 or 2 oz gold buys the Dow) – seems reasonable to me in the 2011 timeframe

save some of your gold to trade for real estate as well – 2011 is probably too early for that trade – more likely 2012 to 2014 timeframe

[4plexowner]

“the signal to look for that for me means BUY is when the djia is the same as one ounce of gold. dow 2500 gold 2500 an ounce means trade all the gold for stocks. probably sometime in 2011”

Richard Russell always mentions Dow 3000 or Dow 3500 as the point where the price of one oz of gold equals the value of the Dow – Richard says that major bear markets end when the ratio of Dow to gold is in the 1:1 – 1:2 range (1 or 2 oz gold buys the Dow) – seems reasonable to me in the 2011 timeframe

save some of your gold to trade for real estate as well – 2011 is probably too early for that trade – more likely 2012 to 2014 timeframe

[4plexowner]

“the signal to look for that for me means BUY is when the djia is the same as one ounce of gold. dow 2500 gold 2500 an ounce means trade all the gold for stocks. probably sometime in 2011”

Richard Russell always mentions Dow 3000 or Dow 3500 as the point where the price of one oz of gold equals the value of the Dow – Richard says that major bear markets end when the ratio of Dow to gold is in the 1:1 – 1:2 range (1 or 2 oz gold buys the Dow) – seems reasonable to me in the 2011 timeframe

save some of your gold to trade for real estate as well – 2011 is probably too early for that trade – more likely 2012 to 2014 timeframe

[4plexowner]

“the signal to look for that for me means BUY is when the djia is the same as one ounce of gold. dow 2500 gold 2500 an ounce means trade all the gold for stocks. probably sometime in 2011”

Richard Russell always mentions Dow 3000 or Dow 3500 as the point where the price of one oz of gold equals the value of the Dow – Richard says that major bear markets end when the ratio of Dow to gold is in the 1:1 – 1:2 range (1 or 2 oz gold buys the Dow) – seems reasonable to me in the 2011 timeframe

save some of your gold to trade for real estate as well – 2011 is probably too early for that trade – more likely 2012 to 2014 timeframe

[4plexowner]

“the signal to look for that for me means BUY is when the djia is the same as one ounce of gold. dow 2500 gold 2500 an ounce means trade all the gold for stocks. probably sometime in 2011”

Richard Russell always mentions Dow 3000 or Dow 3500 as the point where the price of one oz of gold equals the value of the Dow – Richard says that major bear markets end when the ratio of Dow to gold is in the 1:1 – 1:2 range (1 or 2 oz gold buys the Dow) – seems reasonable to me in the 2011 timeframe

save some of your gold to trade for real estate as well – 2011 is probably too early for that trade – more likely 2012 to 2014 timeframe

[Author]

Posts