Use access key #2 to skip to page content.

The Wall of Worry

Recs

8

August 02, 2010 – Comments (2)

I love that phrase - climbing the wall of worry.  It's probably meaningless, but I like to consider it in months and quarters like these.  It's certainly a good model for what's been going on lately, in rather low volume.  If the trend continues to solidify and volumes pick up, that'll be a good indicator of what's to come in 2011.

2 Comments – Post Your Own

#1) On August 02, 2010 at 2:33 PM, lemoneater (69.98) wrote:

Yes, there is something soothing about alliteration. I hope that you are having a good week.

Report this comment
#2) On August 02, 2010 at 2:43 PM, davejh23 (< 20) wrote:

The worry seems to be gone for now.  While the MSM seemed worried for a while there, they seem to be very optimistic again.  There's talk of Dow 14K again, many analysts seem to think meeting FY'11 EPS estimates won't be a problem, VIX is tanking, etc...  Money is still flying out of equity mutual funds, so I guess people are still worried.  Once people start piling back in, it will probably be time to get out...of course, who knows if the older boomers will ever put any money back in the market.

Report this comment

Featured Broker Partners


Advertisement