“Those who cannot remember the past are condemned to repeat it.” from The Life of Reason, Volume One – Reason in Common Sense, by George Santayana written in 1905-1906.
http://www.marketwatch.com/story/scary-1929-market-chart-gains-traction-2014-02-11 is an interesting graph.
http://www.marketwatch.com/story/crash-of-2014-like-1929-youll-never-hear-it-coming-2014-02-19 is an intereting article.
Leo Leydon was a guest on Chuck Jaffe’s Moneylife show, www.moneylifeshow.com, on 21Feb13. You can listen to it online. Leydon starts talking about 6 minutes into the show. He says up, up and away. Follow the trend until it changes.
IBD TBP’s Current Outlook is “Confirmed Uptrend” – time to invest.
My current investments:
Nordic has a price of 45.06, a sell price 42.81, a relative rank of 13, and is a hold.
SSoftware&ComputerServices has a price of 122.45, a sell price 116.33, a relative rank of 06, and is a hold.
SAirTransportation has a price of 60.50, a sell price 58.74, a relative rank of 17, and is a hold.
SBiotechnology has a price of 223.90, a sell price 212.71, a relative rank of 01, and is a hold.
OTCPortfolio has a price of 83.33, a sell price 79.16, a relative rank of 05, and is a hold.
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – None
My portfolio market exposure after this weekend’s changes
IRA #1 – 100% invested
IRA #2 – 100% invested