7/13/2004

Markets and Economy
STAY OUT OF POLITICS

We are rapidly approaching the time where many investors will start investing or dis-investing according to their opinions of the election results. Don't be one of them. The Market itself will tell you what the smart money is doing, the charts will tell you along with volume. Only get out if your stops are hit and don't fail to invest if your ducks are ALL in a row. NOTHING is worse than these so-called analysts with political opinions. Avoid them like AIDS. Yes, if Kerry is elected the market will go into free fall and the Dow will go to 12,000 if Bush wins; and I could be totally wrong. Please, for your own peace of mind and investment sanity, have no political opinions between 9:30AM and 4PM Monday through Friday. The only source I know about that gives you volume on each stock on a chart so you can compare day to day and week to week is IBD, and volume will be everything as we go through this election cycle.

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