Here's a throwback comment that is just as true today as it is when I posted it nearly 4 months ago...
Follow the smart money
"Just consider this, the ultra rich always say "buy when everyone is panicking, and sell when everyone is greedy"! What do you think they are doing at this very moment...?
"It is always darkest before the dawn", If they (the rich) follow their own advice, and we all know that they do, which is why they are rich, then if we want to make money like them, we have to behave like them in order to get their results... We cannot just say we will behave like them and when it gets tough we fold like a lawn chair, we have to truly push ourselves to break free from herd mentality and grow into the person that can not only get wealthy, but handle remaining weallthy.
It will get uglier before it gets better, but I have been up front all along about how hard this would and will be, investing is exceedingly difficult to do well, but tremendously rewarding aswell...
Stay strong fellow Trader/Invetors!...
GSTA THE LONGS"