Originally Posted by
jungle
The fetal position is never a long term stance, but it has proven to be the correct stance over the last decade for those not quite brave enough to go short.
Now that's not exactly true. Going short wasn't the only way to make money in the market over the past decade. The cash flow method I use consistently produced around a 12% annual yield throughout the decade. For example, in 2008 when many people were losing 40% in their 401k's, I had a 15% cash flow yield in mine. Not trying to brag at all... just pointing out that going short wasn't the only way to make money during that time period and that there were/are ways to do it without having to correctly guess the future direction of the market.