Some facts about the market here-
1) 2008 we lost all the market gains of the last seven years.
2) 2009 starting off worse than 2008
3) Buy and hold died in 2007.
4) S&P traders believe we are heading lower, most saying 6000 on the DOW this year.
5) Hedge funds being outperformed by commodity funds
6) ETFs will be the main market trading vehicles in 5 years, rather than individual stocks.
7) Liquidity is quickly becoming a problem with less participants in the equity markets.
Wednesday, February 4, 2009
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