InvestorsHub Logo
icon url

DiscoverGold

01/17/09 12:45 PM

#34166 RE: DiscoverGold #34006

Sy Harding - PICKING STOCKS FOR 2009! - StreetSmartReport.com | January 16, 2009

I'm expecting 2009 to be a better time for investors. Not an easy time, as in the one-sided market of the late 1990s when everything one bought went up, but an easier time than 2008 - at least for those willing to engage in a little market-timing. And that's although I expect rallies will only be bear market rallies within an ongoing bear market.

Why an easier time then?

Last year my newsletter's market-timing strategy portfolio gained 9.2%, one of the very few advisory services that were up for the year in which the S&P 500 lost 38.5%, hundreds of mutual funds and hedge funds closed due to heavy losses, and even 'best investor in the world' Warren Buffett was down 31.8% for the year. But it wasn't an easy year. The extreme volatility made for stress, and the need to stick with mutual funds and ETF's due to the higher risk in individual stocks took some of the fun out of it.

The outlook is different in that regard for 2009...


For detailed charts and extensive commentary:

http://www.decisionpoint.com/TAC/HARDING.html

George.

Click on "In reply to", to see any past commentary.