If you made money on the market today, you’re in the minority.

PVX dropped a ton, and someone consummated a trade at $0.01 per share.

I started a position in Sprint thinking I was smart stuff when it then went up, and then it got whacked.

Don’t know what’s going on in Europe, but it’s got equity markets scared.

Investing markets, PVX, sprint

It’s been a long 12 months, but I’m back above water, both in my trading account and in my retirement accounts.  I really owe it all to my stellar strategy:

“One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do. Most people always have to be playing; they always have to be doing something. They make a big play and say, “Boy, I am smart, I just tripled my money.” Then they rush out and have to do something else with that money. They just can`t just sit there and wait for something new to develop.”  -Jim Rogers

Investing Investing, Jim Rogers, markets, trading strategy

I can’t help but think we’re watching a bear market bounce with the DOW back up over 7,000 today.

Do you sell this rally or is this the turning point in the market?

General markets