tag:blogger.com,1999:blog-35316766.post5559602430653312826..comments2023-11-03T09:17:54.879-04:00Comments on The Perplexed Investor: Weekly Sector UpdateLeisa♠http://www.blogger.com/profile/10237875938400587600noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-35316766.post-86116663628040473922009-12-10T20:33:19.395-05:002009-12-10T20:33:19.395-05:00It's always been maximum frustration.
Is anyo...It's always been maximum frustration.<br /><br />Is anyone able to get it right consistently? Bogle had it 'right' for >20 years with 'buy-and-hold.' Miller reigned for 11 years. Julian Robertson bet big a few times and basked in glory, then ultimated faded away. Buffett and Soros had (well, still have) well-deserved reputations for investing, but they've made a few bad moves also.<br /><br />So 2009 is no different, as the market continues to frustrate. <br /><br />'No direction' might be the theme for the next few months. Maybe the game changes to 'Bulls get slaughtered, bears get slaughtered. (Daytrading) Pigs make money.'<br /><br />2nd_aveAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-35316766.post-40105536014317116092009-12-10T05:49:59.333-05:002009-12-10T05:49:59.333-05:00Can't tell what direction the indices will be ...Can't tell what direction the indices will be moving? Don't rely on direction then!<br /><br />MarkMAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-35316766.post-41894740823434600722009-12-07T22:25:10.673-05:002009-12-07T22:25:10.673-05:00"Frankly, I'm tiring a bit of the blowhar..."Frankly, I'm tiring a bit of the blowhards that have made all manner of predictions; cherry pick a few of the right ones; and chest thump their so-called accuracy while ignoring all of the wrong calls that have been made."<br /><br />Who doesn't despise this approach? Sadly, many people follow these Cro Magnon gurus.<br /><br />Thanks for the sector synopsis. Your chart showing relative performance vs. the S&P 500 is pretty eye-opening. Airlines and real estate usurping the miners is something I didn't expect. Sector rotation seems likely given the stale index action.Chrishttps://www.blogger.com/profile/11358037159732872489noreply@blogger.comtag:blogger.com,1999:blog-35316766.post-23180572286711204752009-12-07T17:26:25.667-05:002009-12-07T17:26:25.667-05:00sorry 2nd - no pity here for someone who had 80% g...sorry 2nd - no pity here for someone who had 80% gain, and is now sitting with 74%. You need to get a bigger 401k or other slow-moving, unweildy, hard-to-trade-with investment vehicle. Oh wait, I'm an "investor"; you're probably just a "trader" :)<br /><br />congrats on your returns<br />~SleeplessAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-35316766.post-38063637975878169122009-12-06T10:50:01.774-05:002009-12-06T10:50:01.774-05:00Hi 2nd: I've missed seeing you post. YOur re...Hi 2nd: I've missed seeing you post. YOur returns are impressive. I also know that you've worked very hard to earn that return. Congrats.Leisa♠https://www.blogger.com/profile/10237875938400587600noreply@blogger.comtag:blogger.com,1999:blog-35316766.post-12291571904128563992009-12-06T10:29:23.656-05:002009-12-06T10:29:23.656-05:00Hi leisa-
Just checking in. You summarize nicely...Hi leisa-<br /><br />Just checking in. You summarize nicely the recent confusion on the part of market pundits.<br /><br />The market, like everything else in life, will display unpredictable movements. I can't say inexplicable, as we can count on someone coming up with an explanation someday that will at least seem to make sense. Those of us who have raised kids know all about it.<br /><br />I haven't done well 2H2009. You may recall I had a phenomenal 80+% return from the March lows through July by betting big on the ultralongs.<br /><br />Since July, I've been treading water, and am now down to the 74% range YTD. I was converted to the concept of taking losses quickly this year- given my predilection for playing counter-trend, that strategy has saved my ---. <br /><br />I keep up with your comments on SOH as well.<br /><br />Keep up the good work.<br /><br />2nd_aveAnonymousnoreply@blogger.com