It is hard for me not to buy a market like this the last week.

Today is one of those aberration days that you can’t predict and it’s why MONEY MANAGEMENT trumps all.

The Chairman has a great post up that shows you the VIX since the 1980’s . If you puilled this chart out today and were 100 percent in cash and told that you had $100 million to invest and no investor would redeem for 5 years, you would be on this like Calacanis on a bad web idea. Problem is, you could buy the wrong stock…the ‘Mahalo’.

Don’t trust any one signal. If you do, that’s still no reason to bet the farm. If you bet the farm, your blog better have a lot of traffic for the one time you are wrong.