We can think we know all we want about what's happening in the markets, but here is a great example of what doing your research is all about. From NFTRH56:
"The junk bond fund we have followed for the last several months, HYG, is another indicator that says ‘bears, be careful’. In fact, it occurs to me that if I had had the chance this week to do the work I have done thus far on #56, I would not be as short as I currently am."
It was in a way a bit comical. I was half way through the report and due to the indicators and analysis I was dredging up (much more than just the junk bond indicator) I thought to myself 'rut roh Gary, your bear positions may not do so well to start the week'. Surer than sh*t, what do we have here?
Hope... a spunky little bugger.
