2009 Stock Market Predictions

Wed, 08 Apr 2009 16:23:36 EST

This is not buy-and-hold market. As we roll into 2009, I'm sticking with the same overall theme as I have in years past: this is not for the buy-and-hold crowd.

Individuals looking to follow the "buy for the long haul" recipewill get destroyed. The media may call this a bear market, but thisfirst decade of the new century has really been a "fair" market. Meaning, there have been (and will continue to be) opportunities to bebullish, opportunities to be bearish and opportunities to sit out for adance or two.

I don't see that overall theme changing anytime soon.

What I really hate about the first few weeks of any new year isthis: anywhere you turn, you will find some "market expert" makingpredictions for the coming year. At Mullooly Asset Management, we donot predict. Which sets us apart from our competitors. Once you makea prediction, you are boxing yourself into a corner.

You had better be right - or you had better be good at coming upwith the reasons (excuses) why your prediction didn't work out. Andthen you are just like everyone else. Watch the talking heads the nextfew days - they will all make forecasts for the coming year. Whydoesn't anyone ever hold these people accountable?
TV networks can save a lot of money by having the weatherman makepredictions about tomorrow's weather - and the future the stock marketas well.

Instead, you and I will focus on "what is actually happening rightnow." I don't really care what may or may not happen with the economyor the stock market in six months or a year. I care about what'shappening with your money right now. My job is to make sure that yourmoney is invested in the right place, right now.

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2009 Stock Market Predictions