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Saturday, March 20, 2010

Insight

Here's an insight that I solely agree with:

No one can predict a market trend, you can only react to them! Trend following never anticipates the beginning or end of a trend. It only acts when the trend changes. However, there is no need to figure out ‘why’ a market is trending — just follow it. You don’t need to understand electricity to use it.

 Also, next week we will be in a shopping spree once again for our LMP portfolio. There are some really great companies out there, although more and more this market is getting more expensive by the minute ! 15 up close days in a row? Now that's a record !
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