Road map anyone?

We are being beaten to death with how far the market has come in such a short period of time and we agree with that assessment. Nothing would surpirse us less than the market meandering a bit here and maybe even some type of selloff.
BUT, the idea that the market has come a long ways quickly should be countered with the fact that a market advance of 40% would leave it STILL below its all time highs.
Too much is made of (what we call fantasy stockpicking) - like fantasy football its less based on real people investing their hard earned money. The idea that smaller investors should be making “big calls” and going all to cash or stopping the funding of their 401ks or shorting the market is detrimental to the smaller investor.

 Our advice is to establish an allocation that you can live with and fine tune as the markets move and life unfolds.

This entry was posted on Wednesday, September 23rd, 2009 at 8:21 am and is filed under Commentary. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.