A.I.M. Users Bulletin Board

[SFSecurity]

Hi Karw, It was your comment, "...the cash part of the UBA is now at an all time high..." that twisted my alleged brain in a new direction, i.e., what am I going to do with my large cash reserves while waiting for the next grizzly bear market, and how am I going to know it is actually near bottom, as well as the media's bandwagon effect that often turns out wrong?

A great example of that is Tom Gentile predicted, "On September 18, the Markets Will Turn...", and later in his post, "Overall, we are looking at bullish moves the first two weeks of September. But After
September 18, the markets are going to reverse..." well, did they?

Looking at just one or two items is most likely to lead to a misfire as correlation between positions is not always that good. Think of the cycle pattern of what does well in what part of the economic cycle.

The other part that I thank you for is your listing of the ETFs you were trading and your discussion of the two different international ones and why you thought one might be better than the other. Those kinds of discussions are most useful as they provide different perspectives, in effect helping to remove the tunnel vision we all can tend to from time to time/

Anyway, PSEC is in my list and has been only so-so, but over time I think it will do better. I got into it in the wrong part of the cycle, which is part of the reason I looked back 3 years, not just 52 weeks in the spreadsheet.

Best,

Allen