How to Survive the Depression

Scott St. Clair: We might have a similar situation here right where they're just taking everything out to the woodshed and they're just crucifying every name because it's panic selling. You know we might find it as they build the right sides of their bases these stocks rally up on the right hand side you'll say okay I'm actually got the wind at my back and starting to get easier so that's the scenario that I hope plays out for everybody that's that's following this approach but we take it day by day he says. Scott is one of the senior product coaches at Market Smith, an investment firm based in New York City.