Okay, everybody. Take a deep breath and repeat after me: "No one can time the market. No one can time the market. No one can time the market." Breathe in. Breathe out.
SO true. Someone should tell Jim Cramer. And conversely, anyone can dig up an old chart and try to convince others, falsely, that some form of prescience was at work. And someone, somewhere will believe that, Q.E.D. right here. I'll file this one away with "Elliott Wave Theory." Oops - I threw that out years ago. Alrighty then, straight into the bin this one goes.