Unlike most investment strategies, the Market Cycle Investment Management Methodology includes a selling-for-profit discipline that (incredulously) seems to be a unique investment model. Over the past 40+ years, MCIM users have taken profits during every market upswing and repurchased Investment Grade Value Stocks during every down bubble. Any feel for what the results must have been?

To most investors, the DJIA provides all of the information they think they need, and they worship it mindlessly — thinking it has mystical predictive and analytic powers far beyond the scope of any other market number.

“Hey ‘Deep Pockets’, what were you doing on October 19th, 1987?” the Wall Street Jungle reporter asked. I was gritting my teeth, shaking more than just a little, palms sweaty but placing dozens of individual orders for the best NYSE, dividend-paying, companies — at prices that nearly everyone thought would drop even further. Looking around [...]

The average yield on these ten closed end funds was 6.88% on January 14th 2011; the funds are priced at a discount from NAV of roughly 6%;

A correction is a beautiful thing, simply the flip side of a rally, big or small. Theoretically, even technically I’m told, corrections adjust equity prices to their actual value or support levels. In reality, it’s much easier than that. Here’s a list of ten things to think about doing, or to avoid doing, during corrections of any magnitude:

Corrections are as much a part of the normal Market Cycle as rallies, and they can be brought about by either bad news or good news. Investors always over-analyze when prices become weak and over-indulge when prices are high, thus perpetuating the “buy high, sell low” Wall Street lunacy.