Friday, November 14, 2008

It's better to be out of the market wanting to get in than the opposite

NEW YORK (MarketWatch) --

Of all the hard asset-oriented letters, Mary Anne and Pamela Aden's Aden Forecast has been perhaps the most disciplined at riding the major trend while remaining alert to short-term counter-trends.

The top-performing hard asset letter says the crisis is abating. But it's still jumpy.

...[They say]"Market research is an art. It provides you with information which gives a good indication of major trends, tendencies, which investments will do well, probable scenarios, how to invest accordingly and so on. But it doesn't anticipate the magnitude and speed of an excessive market drop prior to the fact. Research increases the advantage of being in the right markets at the right times, but it's not foolproof."

This happens with commodities especially, and the fall is surprisingly stealthy and quick. Dramatic, yes, and alarmingly sharp.


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