To Be or Not to Be...That is the question. Whether it is nobler (smarter) to suffer the slings and arrow of outrageous (mis)fortune and leap in or sit in the bushes and wait for a lower price.
Interestingly, although we went nowhere today, the signal from Stockscores actually improved quite significantly from 64 to 72. Now why is that? Is it because the index is a load of camel feces, or is it perhaps because there really is some mathematical formulae that predicts when the market has finished consolidating?
I certainly was not impressed on Tuesday when the morning reading of a mortgage-the-house 98 fell to the 60's in a matter of hours. What good is that? Momentum players have to be nimble I guess.
Not for me. I will awhile uphold the unyoked humour of their idleness.