web analytics

Daily Archives: November 13, 2009

Stick with the Evidence; Ignore the Logic

November 13, 2009
By
Stick with the Evidence; Ignore the Logic

It’s not often I get a question that actually leads me into two good lessons, but I got one last week that did just that.  The specific answer to the question isn’t the major takeaway–but I want to use it as an example of why, in the stock market, you should go with evidence, instead of so-called “logic.” Before we get started, let me briefly explain our Two-Second Indicator, which is one of the key market timing indicators I use in Cabot Market Letter.  The indicator measures the broad market by taking one simple reading per day (so simple...

Read more »