Read rjm77me's blog in RSS
August 14, 2010
Edited: August 14, 2010
Share ThisSome folks talk about Mutual Fund Monday
An average investor who did not trade last week still lost around 4% ouch - just check your mutual funds balance. If you are 100% in cash or have no 401K or any mutual, then you will not be reading this blog.
Most of the stock had high co-relation to market movement in last 4 days.
Where do we go from here (Well there are no more than 3 options)
1. UP
2. DOWN
3 SIDE WAYS
So pick stocks which were run over in the market stampede. You will do fine in longer term - short term who knows?
As they say = Pick your poison and deal with it. It may take one to heaven.
If you pick the right market direction = meaning heaven.
