Market Brew

Today, not yesterday, is how the big traders have been making fortunes. Buying on desolate days, only to see their profits steam roll ahead the next.

The problem in essence is you want to predict the future but no one can do that so you do the next best thing and play the odds which traders do. The odds dictate being long. Unfortunately, or fortunately, people don't like to buy on down days in keeping with the 'keeping it safe' mentality. But that doesn't pay the bills in the stock market.

Fundamentally, you stick to your position and ride it out until you can't anymore.

Once again I deplore Bloomberg for scaring people. They should be enlightening them with appropriate investment advice.

Those bears on TV have several ways to make money, but an individual usually only has one.

My PREDICTION today is for either 2 things to occur.
The DOW is up over 100 pnts today or it is going to fight to stay in positive territory but won't be down today. Tomorrow is option expiration, so trading will be convoluted.
presently.