![Play the pullback in OctoberHow to avoid being a ‘weak hand’
Commentary: Look for cycles where the market offers easy money[MarketWatch]*
…Will the bull market continue through the month of October? Anyone asking themselves that question might also want to ask a couple of other important questions.
The easy money already has been made. Anyone who is only now considering an investment back into the stock market is late to the game. Smart money investors wait for Johnny-come-lately’s to enter the market again, and then they sell into those weak hands.
Then, the cycle repeats itself when the market declines. The weak hands who bought at the peak end up selling right back to smart money investors when the market troughs. This is the way of the world, this is how Wall Street has always been and unfortunately, it will always be that way. Smaller investors, as a group, will never learn.
Okay, I get it. You don’t have to be…so accurate.
* I dislike MarketWatch’s three-tier headlines and subheads. How about just one accurate headline and some editing?](http://24.media.tumblr.com/tumblr_ksjyn3VTjK1qz5yk0o1_400.jpg)
How to avoid being a ‘weak hand’
Commentary: Look for cycles where the market offers easy money
[MarketWatch]*
…Will the bull market continue through the month of October? Anyone asking themselves that question might also want to ask a couple of other important questions.
The easy money already has been made. Anyone who is only now considering an investment back into the stock market is late to the game. Smart money investors wait for Johnny-come-lately’s to enter the market again, and then they sell into those weak hands.
Then, the cycle repeats itself when the market declines. The weak hands who bought at the peak end up selling right back to smart money investors when the market troughs. This is the way of the world, this is how Wall Street has always been and unfortunately, it will always be that way. Smaller investors, as a group, will never learn.
Okay, I get it. You don’t have to be…so accurate.
* I dislike MarketWatch’s three-tier headlines and subheads. How about just one accurate headline and some editing?
