I reiterate, do not listen to tv stock pundits. In fact, do not listen to me either, i ramble and whoopie, blah,blah, blah, whoopie yada yada, just like anyone else here, or on tv. The professionals make bad calls, are overated in their craft when they make a few good ones. But if it's your money that follows their bad, who hurts more, you or them?
Do your own due diligence. never be a complete technician strategist. graphologist, or fundamentalist. To do so is folly.
The market is behaving like a fickle 13yr old, but it will "mature", given time.
Trade, invest, study charts, combine what you see with the fundamentals of an equity, KNOW the company, it's market, it's history, product, hiring practices and lay-off call-back potential. Understand it's product or service. Pay special attention to how it treats it's employees!
That's worth repeating..
PAY SPECIAL ATTENTION TO HOW IT TREATS IT'S EMPLOYEES
That's how they think of their shareholders too!
Are you someone to be used until they need you no longer then consideration is lost?
If so, use them right back.. this is a quick trade or a short only, git what you can and git out!
Or do you feel your loyalty and sweat is worth an effort of being valued and honored?
Your an investor, and these kinds of companies will be around long after your portfolio has turned into someones inheritance...
Put it all together and decide.. for yourself.
Happy summer!
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July 18, 2009
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