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Rev Shark: Forget Your Worries

If you want to navigate this market, just keep that simple little phrase, "Don't fight the Fed," in mind. Don't be swayed by all the great intellectual arguments about how we are on the road to ruin. That may be true, but it doesn't matter right now. Stick with the trend and embrace Ben Bernanke and his band of Merry Pranksters. They control this market.

We have a nice little gap up this morning as the dollar weakens again on expectations of a friendly Fed.

At the time of publication, Rev Shark was long SPWR, although positions may change at any time.
James "Rev Shark" DePorre is the author of Invest Like a Shark: How a Deaf Guy with No Job and Limited Capital made a Fortune Investing in the Stock Market. He is founder and CEO of Shark Asset Management, an investment management firm, and he also operates sharkinvesting.com, an interactive online community that serves and educates active investors. DePorre holds business and law degrees from the University of Michigan, is a member of the Michigan Bar Association and a former tax attorney and CPA. He lives in Anna Maria Island, Fla., with his wife and two children. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Rev Shark appreciates your feedback; click here.

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