Dancing with the Trend

Top 5 Investing Mistakes You Make When Young

by Greg Morris

I am not young anymore, so am going to reveal mistakes I made in the first half of my investing lifetime; about 1972 – 1990.  Sadly, I did not learn lessons quickly so repeated some of them.  These are not in any particular order.  A better title might be True Confessions.   1. Believing that I was right and the market was wrong.  I don’t know whether this is ignorance, arrogance, or what.  More than likely it is just lack of experience.  I would spend hours looking at charts and convincing myself what was going to happen; place a small trade, and Read More 

Dancing with the Trend

Will You Know When the Market Peaks?

by Greg Morris

The first thing you must realize is that you won’t know it is peaking until the decline is well underway.  Market tops are extremely difficult to identify.  That might seem hard to believe if you watch the financial media as those 'experts' are calling the top multiple times a day; like they have been doing for years.  And yes, they keep getting invited back.  With the art of hindsight, I have charted the past two bear market tops.  We can refer to them as bear market tops now, but back then you could not.  In Chart A, the March 2000 top is shown with data Read More