I trade stocks and options regularly. My primary stock-trading hypothesis is that I am a typical person and can, by observing my own behavior, predict company earnings (although the earnings may not be reflected in the stock price). [And there are exceptions I make for certain company stocks that lend themselves to good chart or technical analysis instead of 'reality.'] Has worked well for me before, during and after this financial mess. Why do people assume that others are not at all like them and are going to behave differently?
Didn't you cut back the amount of money you spent this holiday compared to say 2005-2007? If so, why invest in company stocks that need the middle- to upper-class overspending to continue to meet and exceed company earnings expectations? Was your Walmart basket as large as usual when you left the store? Or did you search out the lowest-priced stores like Ross and strategize buying from the 80% off rack at Kohl's using a 30% coupon on top of that?
As to earning money in stock trading, your guess is as good as mine as long as you are self-aware. And you have to check my stock trading blog at
http://kathesstocktrading.blogspot.com/
to find out how I trade off being typical. (Don't worry - it's free, no sign-up required - I have proven myself completely unable to profit off other human beings using my specialized knowledge of any sort.) As a typical human being, I also forget to post things for days and I am utterably & completely not responsible for anything I write that you would possibly believe or act upon. I am typical, aren't I?
-k
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