Why Market Type is So Critical by Van K. Tharp, Ph.D.
A note to readers: While Dr. Tharp’s content is timeless, this article is from our newsletter archive and may contain outdated information, missing links or images. Most of you probably know people who thought they had a trading strategy buying technology stocks in the late 1990s. By the time 1999 came around, they considered themselves market geniuses. In 2000, however, they probably continued the strategy even as they watched the market type change. The following chart shows the market type for the QQQ (which is where most people where investing […]
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