There are lots of important psychological levels being broken today. As i’ve been stressing for months – this is no time to be a hero. Breaking the psychologically important November low likely means we need a serious fear induced washout before seeing a major sustainable upside move. More later….
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.