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Message: You Have Been Calling for A Crash for 6 Months and Been Wrong, Now What?

Yeah, I hate it when that happens, lol...

There were a hand full of pundits who correctly called the 2008 crash, and they've been living off that ever since. Problem is they've been wrong ever since. Undoubtedly they took a lot of followers down with them. Remember the old "eye of the storm" analogy, the L shaped recovery, etc. Then came the excuses - like blaming the Fed for juicing the markets.

The reality is that one has to adapt to changing market conditions if you don't want your portfolio to perish like the dinosaurs. So it's generally best to admit when you're wrong and move on - even if there is a chance you will eventually be right.....

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