Sunday, January 11, 2009

The First Week of the Market in 2009 is a Terrible Tell of What is Ahead of Us ...

I did not get a chance to update my blog, but the title of this brief summary tells all. Once this miserable retarded uptrend is over, the Nov low of 2008 will be most likely tested.

The year of 2009 could be as challenge as 2008, if not worse. The world is full of unknowns. How the economy and the market will evolve is in anyone's guess.

My number one priority in 2009 continues to be preservation of cash. At some point down the road, we will have a strong bear market rally; but until it arrives, I make no second guess and all my money will be meticulously protected like my baby.

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