Subject: Re: BCC Updated to 04/10/2026
The four most dangerous words in the market are "It's Different This TIme."
At the risk of getting that rubbed in my face, I think it may be a little different this time.
Because it looks to me that the market is dancing to the tune of what's going on in the Strait of Hormuz.
Down down down and up up up, depending on the news of the day.
Whatever.....
The 2 FRED indexes are disconfirming a recession and the positive SMA of the S&P 500 are both saying to be invested.
My Dad told me that the worst mistake he had ever made was to panic and call his broker to sell everything on Black Monday 1987. I took that to heart.