Today, I plunged with both feet into the market. My first 50% was filled at 24.50. And then I immediately placed another order for 25.00. Even that got filled to my surprise. We are chasing the market now. The next stop would be 200-day moving average which I believe we will go through without any stop. There are a lot of bullish economic signals from all over the world. Even the bears are nimbling on stocks. Probably the market will keep going up for the month of May.
A WORD ABOUT TIMING THE MARKET AND BEATING THE MARKET: To date the performance of Simple SPY investing completely matched my in-and-out with 2xleverage. That totally defeats the work I put in to trade in and out. It appears that I have not been able to beat the market just like every body else who tries to time the market. I would be curious if anyone else has actually beat the market in this market.
Monday, May 4, 2009
Friday, May 1, 2009
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