Rather than look down at what is going on in today's market, there is one way for me to succeed, and that is just to watch as the truly big traders bring down the market. I'll stand on the sidelines as the big traders wreak havoc with the value of my retirement portfolio. The red down ticks will attack momentarily. The trick, is to wait it out.
The initial psychology of friends in high places not getting a bailout will subside, and in a few weeks the green will return to the markets.
I must be kidding???? I'm not. I may be naive but, irrelevant of my naivete, and my lack of any professional accreditation, I will wait it out as my portfolio once again makes up lost ground.
