X-Factor Report 1/28/13 - Will The Market Ever Correct
We are currently migrating to a new "backend" for the website which has provided, as expected, more than just a few glitches along the way. I do appreciate your patience but the effort will be worth it.
In this regard we have some ambitious projects scheduled for the next few months including:
Conversion to an HTML newsletter which will provide faster downloads, search capability, sharing and more.
Podcasts with commercials removed and named by subject and date.
1-2 minute video blogs in addition to the Daily Exchange
Web based investment seminars; and much more.
All in all, 2013 should provide for a much more robust development of the website to make sure that you are getting the information that you need to manage your money better.
Here is the cool part. All of these changes were spurred by you, our loyal members, who submitted comments, criticisms and requests frequently through the website. I read them all, archive them, and when I get enough of the same request I take action to implement them if I am able. The entire www.streettalklive.com website and community has been, and will continue to be, built around your requests. So keep your suggestions coming and thank you.
This past week my partner swung by my office and asked me: “Lance, do you think this market is ever going to correct again?” While the question was asked sarcastically; it summed up the attitude of the average investor who has now plunged “face first” into the equity risk pool. The problem, of course, is that it is the capitulation by investors who abandon caution out of “fear of missing the boat” is what leads to their inevitable demise. When will the correction come?
That is the topic of today’s shortened missive.
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