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Friday, September 14, 2012

optimist

was just checking my Jan 30, 2012 prediction for stock market performance for 2012

I predicted the market would be up between 12% and 24% this year

right now it is up about 17%

but it could still go up and down
3 1/2 months to go

and how are the bears doing?
they are doing a lot of short covering and taking big losses

it is better to be an optimist
and it is more realistic

really, the markets historically have gone up 3 years out of 4.
so the odds are that any given year will be an up year



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