Louis Gerstner: Kill The Casino Wall Street Has Become
It is clear something is wrong in the markets. I can only assume someone is playing the music. When they stop the you better grab a chair and hold on.
Thursday, June 25, 2009
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Very good article. They probably figured out that trading (rather than buy and hold) makes money and they want to tax it to get a piece of the action.
In my opinion, it is all a matter of market timing. It does not matter if it is gold, oil, or Microsoft, if you have access to good market timing signals, they will help you get in and out at a profit.
No guarantees in this business, but if they are right most of the time, you can still make $s.
There are may web sites providing them out there (search Google). Just find one that works and use it! Check out http://invetrics.com as an example.
Its Dow Jones timing signals are up 44.7% as of 6/24/09 while the Dow is up just 26% off its March lows.
Following a market timing system works!
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