When investors don't know which way the market should be going, it is a terrible time for long-term investors due to the enormous risk, but just an amazing time for traders, as volatility = profits.
For me, as I start to do my "investing", my strategy will be one of trading on volatility. Now, I wouldn't recommend this as the only investment strategy for the long-term. I have my own safer long-term investments.
But, since I'm not worried about my financial future, I am investing my excess cash into short-term trading and speculation.
I will be reporting my gains and loses and thoughts here.
Wednesday, August 8, 2007
Market Volatility
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