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Just curious, but is Syria limiting your new investments?
Returning after a few weeks absence, I find people describing new investments. I rather assumed there would be a negative market reaction to active intervention in Syria and that it would be more rewarding to delay. Comments?
In a word, "No".
I have turned cautious FOREVER and stopped trying to match market returns and have that thought continuously affect my decisions. How markets act tell you what is happening regardless of whether something is in the news or not.
IMHO we need to realize, democracy in the markets is overrated. At the end of the day it is big institution buying and selling that decides direction of the markets. And what they are doing is not going to be in the news until it is too late to meaningfully do much about it. That's why Technical ANALysis works, not that I'm subscribe to some 10-month magic period SMA crossover.
Let's watch, see, act. I actually have taken some money off the table and am in no hurry to redeploy all of it, until what I have already redeployed is above water.
No - This isn't from the satirical "The Onion" newspaper. It's really from Thursday's NY Times and is an editorial ostensibly about Syria written by Russia's Vladimir Putin. I was at first going to lead off with it under the caption "All the world's a stage" - but actually find it pretty repugnant in tone. For what interest it may hold, here's the link.