History Shows It’s Time to Put Your Chips on the Table

We watched the market implode last week. Some were scared, some were exhilarated. Some could only watch. When the market closed flat Friday after a tough Thursday, in which more than a trillion dollars of investor wealth was wiped away, I think pretty much everyone was pretty glad to see the week come to an end. It didn't last long. It was only a matter of hours before you saw everyone watching cable news, looking at their iPad or checking their phone to read about the downgrade of U.S. debt by Standard & Poor's. When the markets opened on Monday, they quickly fell into the negative. The market staged a number of brief rallies, but the . . . → Read More: History Shows It’s Time to Put Your Chips on the Table