Posted 10/20/2014 09:09 (#4136436 - in reply to #4136384) Subject: RE: Hightower Recommendation to sell 70-80% of 2015
Pittsburg, Kansas
Let's see, spending nearly 25% of a person's gross income to lock in a loss.
Sounds like to me the "professionals" are no better at controlling their market emotions than anyone else. Euphoria at the tops and despair at the bottoms.
Besides, they need to have "something" to say to do. How many will keep listening to someone that says "do nothing, this too will pass". The feeling of needing to keep "busy".