What a great article
There Is No Secret Sauce (Part Deux)
Oct 22, 2012 | 1:47 PM EDT
Kass wrote today over on realmoneypro at thestreet.com:
…. the market is not static; it is constantly changing based on fundamentals (principally) but also sentiment, interest rates, valuations and fund flows (among other factors). The investment mosaic is complicated and there is no secret sauce — not algos, charts or opinions — that can deliver with confidence the short-term direction in stocks…..http://realmoneypro.thestreet.com/dougs-daily-diary?published%5Bvalue%5D%5Bdate%5D=2012-10-22#still-vulnerable-20121022