If the market this year has taught us one thing it’s that it’s as easy losing money when the market is going up as when it is going down. Consider this.
After the first trading day of the year was over, the S&P closed at 2012. This past Friday the S&P got as high as 2009 before closing just below 2000. So for a brief moment, the S&P had changed just 3 points from the first trading day of the year up until Friday.