Dancing with the Trend

Why Technical Analysis?

by Greg Morris

Technical analysis offers an unbiased truth about the markets.  I am writing this article because I have a large number of new readers.  I addressed this subject a few years ago. If one is going to follow and utilize a particular discipline, hopefully they have done a thorough investigation as to the benefits and pitfalls of that discipline.  I’ll share a short story from the mid-1970s, a period of my life when I was a Navy fighter pilot, and of course, knew everything and was immortal.  I had a few thousand dollars that I wanted to invest.  I honestly can’t Read More 

Dancing with the Trend

What We Know That Isn't So - part 2

by Greg Morris

Investment-Related “Believable” Misinformation Makes Successful Investing Hard Work This article is a continuation of the previous article.  You should read the preliminary information provided in that article first. Diversification protects against losses.  Harry Markowitz won a Nobel Prize in 1990 for his ground-breaking research on diversification (modern portfolio theory) in 1952.  The simple explanation of this theory is that by diversifying across a wide range of asset classes, one will not be devastated by a significant decline in any particular asset Read More 

Dancing with the Trend

What We Know That Isn't So

by Greg Morris

Investment-Related “Believable” Misinformation Makes Successful Investing Hard Work Exceptional discipline and objectivity will keep you from falling victim to short-term emotion and chasing something new, even though you know your long-term methods are sound.  The uncertainty of the market requires a methodology that allows you to participate in most of the good times and avoid most of the bad times.  The only thing worse than being wrong, is staying wrong.  So why do we want to believe information that does not hold up under scrutiny? Being Read More