Monday, August 19, 2013

The market is telling me that I'm wrong

If a market moves and gets me by 2.5 or 3 percent, that to me is an egregious move. It tells me that I'm wrong. My trades in the stock market? Terrible. I want out. The market is telling me that I'm wrong. I'm going to the sidelines.

Let Labor Day come, let everyone come back from the beach. Let's see what kind of buying we have first week in September. I think that's probably the best place to be.