FYI: Investors are chided continually for getting excited and buying assets at the top and panicking and selling at the bottom.
For example, TrimTabs Investment Research recently admonished those who were buying energy exchange-traded funds after those commodities had lost as much as 60% of their value.
Energy-sector exchange-traded funds attracted $1.2 billion in the first three weeks of March, a period during which the ETFs suffered an average decline of 7.2%, the firm said in a recent research note
Regards,
Ted
http://www.marketwatch.com/story/the-right-way-to-buy-energy-sector-etfs-2015-05-14/print