On the other hand, witness Jim Cramer and other lunatic "financial analysts". They're never shy about telling you when to load up but they never once mention when you should unload.
Schiz, quick, how to interpret this: 6/4/10 - "[Cramer] said investors need to remember that the markets are up from Dow 6,500, and now is still a good time to sell some stocks and take a little money off the table. "Don't give back any more of your profits," he said." Is that a buy signal???
No doubt about it that "is" the best, and by the way.. "I DRINK YOUR MILKSHAKE, SHSHSHSHSHSHSHlLP, I DRINK IT UP" <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/5q_SHlu9haw&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/5q_SHlu9haw&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object>
Markets maybe wrong, but they can be wrong much longer than you can remain liquid. #1 people start threads like "Worst Wall Street Clichés" #2 people jump on it and reply to this thread ... blah blah blah... going nowhere. #3 people ... feel sorry for them.
A cliche not necessarily from Wallstreet proper, but traders in general: "I violated my rules." ... (and the market violated me. :eek: ) Maybe your little rules sucked in the first place.
Markets do remain irrational solely because of idiots that instill false hopes. Whatever that means, right? Well think about it over the weekend. Anyway, serious traders don't need to be serious all the time. Have some humor in your life for once. Lighten up.
There is no entry for "sell" in a Financial Analyst's dictionary. There are: buy, strong buy, morgage-your-house-to-buy, hold, neutral, outperform and "market perform". What the hell does "market perform" or "sector perform" mean any way?