Saturday, November 21, 2009

Stewart: Common Sense to Sell Now

Those who are in the market now may want to start selling, as the “common sense system,” or buy low, sell high strategy, dictates, writes financial journalist James Stewart in SmartMoney magazine.

“Many people equate a decision to sell with a prediction the market is going down,” writes Stewart.

“Who am I to dampen the festive atmosphere of a big rally? But I don’t try to predict short- or even medium-term moves in the market. All I’m trying to do is sell higher, buy lower, and thereby outperform a strict buy-and-hold approach. So far it has been working.” (more)

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