Is this market tricky enough for you... ?
Do you feel nauseated by the recent (daily or even hourly) up-and down, down-and-up movements in this market? Do you catch yourself (more and more often) buying high and selling low? Or are you sitting on the sidelines, afraid of this crazy market, while it seems that everybody else is making money?
If you answered yes to any of these questions, I'd say it's safe to say this market is tricky enough for you.But, don't worry. You are not alone. Actually, I’m sure you (as an individual investor) are the majority.
I mean, just look at the posts here on CAPS from last few days: "Why would anybody not heavily medicated stay invested in......, or Open Thread: Your Favorite Hangover Remedy.
Or I’m sure you've seen posts like this one from zzlangerhans, in which he says: Sorry no news for a while. I've been busy installing a seatbelt on the chair at my computer desk. It's simply not safe checking my portfolio without one these days. Next up is an airbag for my monitor.
You get the picture, right? I'm pretty positive everybody would agree that this market has been extremely tricky lately.
However, no matter how tricky, there is also one more thing nobody can deny about this market: This market has produced some of the biggest returns in the history. Since March lows of 2009, this market has been up 75%. I hope you agree that's big. Bigger than big. HUGE, I'd say.
So, what's my point?
My point is that I have no idea what the market is going to do tomorrow. Not even sure about the next week or next month. Clueless just like the next Fool.
But I did want to share with you one sentence from this pitch from July of 2009:
The new bull market (the trickiest, but the biggest ever) has begun...
I think it’s kinda interesting, don’t you agree?
And I also think this might be interesting too.
Here is what was said back in September of 2009 in this post here:And that will be it for this year. At that time, media (same media that was sceptic all this year) will be celebrating a great year for the stocks, will be listing this year's winners with huge returns,... basically will be doing everything (but not on purpose) that will entice the average small investor (also called: show-me-good-news-investor) back into the market. Of course, a frustrated small investor (who will be kicking himself/herself for missing this year's rally) will jump back in with both feet.Unfortunately, 2010 will not be near as good to the stocks (and brave investors) as 2009 was...There will be plenty of opportunities for skillful traders, but the small investor will once again be aking herself/himself: "Remind me, why do I invest in stocks...?" (But there will be some good news in 2010 for those investors: The economy will improve...)
And that would be it. I just thought I’d share this with you. I think it's very appropriate for what we are experiencing right now. Who said making money in the stock market was easy...?
Good Luck Fools (and stay medicated, my friends)… :)