Skip to main content
No. of Recommendations: 15
Here is an interesting indicator:

Index YTD

DJIA 2.2%
SPX 1.7%
NASDAQ 0.8%

When the DJIA outperforms the S&P 500 and the S&P 500 outperforms the NASDAQ, the market is upside down. I've been expecting a correction for a long time, it was certain to come but the time of arrival was unpredictable. Some catalyst had to show up. Maybe it was the GME craziness that woke people up. Hard to tell.

But looking at the bigger picture, or longer picture, my 12 month return is still 46% after taking out expenses. Adding back in the expenses and the reserves it's around 75%, down from close to 100% mid February.

The important thing is NOT to have speculative positions that don't bounce back or margin that can easily break the bank.

Denny Schlesinger
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.