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Buy and Hold : Wrong Strategy for a Bear Market
"Buy and hold, buy and hold, buy and hold" has been the mantra for decades. But as often as investors have heard it, they don't always practice what the preachers on Wall Street preach. Turns out they hold on longer during a bear market than a bull market – obviously, not a good strategy. Our analysts have just written a special section for the latest monthly issue of The Elliott Wave Financial Forecast, called "The Long Un-Winding Road," which explains why it's important to anticipate long-term trends to know when to hold and when to try a new mantra.
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