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Default stock market huckster are running out of carefully cultivated myths(that transfers your wealth to them)that are falling to reality, buy and hold, invest for the long term, stocks are cheap right now, and now the biggie:Diversification


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It is pathetic to watch the jabbering heads on CNBC, Bloomberg, etc.,
proclaiming the recession "over". Don't get suckered into the
continual series of "chump" rallies.


This is a classic chump rally. Many will fall back. But as in most
depression/recessions there is an inflation phase. Look it up. This rally
like this signifies inflation due to currency devaluation. But you want to
get out of the market when interest rates let go.

Which is the wild card in this one. Most recessions/depressions end with
market driven interest rates, which is not where we are at in the cycle. If
the government does like Japan did a few decades ago, this
depression/recession is going to last a long time.

We are due for a correction.


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