I am just feeling really gitty about the stock market today decline. You see while all the investment houses stole the show by telling investors to go in big on the market over the past month. I told everyone to get out now so that they would keep their portfolio intact and wait until the market dropped enough on down swing. OK.. I hope everyone took my advice here and did not listen to the advisors in wall street fat cat firms who lined there pockets when the market nose dives. The numbers don't lie and neither does the chart data which shows the knee jerk tears and sobbing of the outside investment community. The smart ones in business bailed out when the chart data started to reach toppings at the peak signaling at reverse decline going to happen so they kept their money. This market has been really strange this year so far with many changes in the past few months both positive and negative. Some advisors have suggested that the markets are going to climb to 15000 marker this year but I think it is very unreasonable to get everyones hopes up. The real story is unemployment is up and more businesses are cutting back or folding up shop permanently. This will effect the investment plans of many individuals and corporate investors who feel that they are skating on thin ice praying that they can all stay afloat. Having a good insight as I do I could see this coming and bailed out until the markets go down to the bottom then buy in on cheap stocks. You know folks this decline is temporary so take advantage of the cheap stocks then ride the wave to near the top. Every smarter investment guy will you that your nuts to buy on the down side supposedly because your losing your shirt. Trust in you knowledge he does not know his bank from his wallet so he is a loser doing his advice column. But if your smart like me you buy on the dip and bail out when the charts are screaming sell it before you get to the top of the wave. This after all is a business and anyone who is idiot that treats this any other way is just going to lose their entire portfolio. Take your risk at a calculated ratio so you get at least three to one on wins and losses. This way you grow your portfolio meaningfully while other poor slobs are popping tums and crying in their towel over their losses in the markets. My advice is buy in now while it is low this morning and watch your charts to bail out later this week. Yes there's going to be a few volitle stages but do the smart thing and stay with it unless you think the stock is going to the toilet then by all means bail before you lose everything in you accounts. Following this advanced advice here will make you money and after all that is the business you choose to be in which is a very risky but profit driven one.. Have a good day now and really reap the rewards you deserve..
This is my business blog page online of thoughts combined with comments on a variety of subjects in the modern business world. I have many ideas that I appreciate writing them here to this page. I always your welcome feedback so that this continues to improve the knowledge of everyone. This page is dedicated to the expansion of knowledge of all my readership about business and much more..
Tuesday, March 6, 2012
Kid in a Candy Store
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