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staying away from the market

I have held out on making trades up to this point in time because the market is way to volatile for my tastes. However, I am forced to trade or I am gone, so I will trade. My first few buys have all been ultra short ETFs tracking the Dow, Nasdaq, S&P, and so on. After all, the majority of us can't beat the market, right? I chose these ETFs at this time because I believe the latest market correction was only a prelude of things to come. As a student of history, I know that a bull market can only last so long, then we will go into a bear market. These ultra short ETFs will keep me on the right side of the trend once the bear has begun, and thus being able to beat others in the market. However, beating other players is a lot easier than beating the market itself. More to come.

Comments: View Comments |  Monday August 27, 2007

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