It has been pretty easy to make money in the stock market over the past 7 or 8 months if you had the guts to entered a buy order this past spring. That is assuming you still had cash and were not getting ready to jump off a tall building. After witnessing the ugliest 7 or 8 months in the stock market previous to this spring, it took lost of 'guts' to hit the 'buy' switch.
You could have been the most savy investor in 2008 and you would have still lost alot of money in the subprime meltdown and market crash that followed. Everyone was selling and running for cover. Cash was the one asset that saved investors. There where a number of 'head fakes' to get investors to put the cash to work in 2008 but at the end it was a blood bath and not many investors made off with profits (except the hedge fund guys that shorted the subprime and stock market).
2009 has been a different story, basically straight up since late March (up 20% YTD after being down 30% Jan to Mar, a 50% swing). That is after a 43% peak to tough drop in 2008. The DJIA looks like a "V".
Now the $1,000,000 question ... what is the market going to do now ??? Do you sell and go to cash or stay invested because the market is climbing the wall of worry.
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