DStandish: The new investment era one hears pundits talking about is here to stay. This new era is do to new, uneducated investors coupled with today's new technology.
These "new era" investors are facilitating a new level of manipulation, off the scale.
S/MM and Special Interest Groups (Pied Pipers) have found their rats (new era investors) and often have abandoned old practices of camouflaging their moves, now frequently it is just in your face.
Hype investing (pro or con) seems to rule. Momentum has taken over the markets and fundamentals are almost useless. This has forced even the seasoned pros to have to jump in the "Bunny Hop" line.
Before you invest a dime, you should invest your time. Read reference books about investing, say, "Barrons Investment Handbook". Then, read some books on how to invest in the market. (Do a little research on your on to find them.)
Above all, you should have a pre conceived investment plan before ever investing in any security.
Decide on an entry price. Then decide on a stop loss and a profit point. Once you hit your stop loss, SELL. Once you hit your profit point SELL and take the profit. No one ever went broke taking profits. However, if you want to gamble after hitting your profit point, determine the maximum amount of your profit you want to give back and move up your "stop loss" to that point. If the stock continues higher, trail that "stop loss" behind it.
If you do not want to do the above, you should not be in the market, PERIOD. Riding stocks down is just plain ignorant!
BWDIK
Regards,
LG |
