In his latest post he offers a sound advise on how to interpret persuasive bearish commentary, which is in abundance on many popular investment blogs.
One of the biggest traps for the smart investor or trader is the often persuasive commentary about recent market action.
When the Dow had a decline of over 1% last June, we highlighted this problem, calling it the biggest mistake of the individual investor. As background, readers should go back and look at that article, written when the Dow was under 11,000. The road was a little rocky for another month, but we all know how it turned out.