Bargain Basement - Finding Stocks That Go Up
Have you been listening to the talking heads on CNBC-TV? Or those talk radio stock experts? Getting all those good recommendations on what to buy now. Now? Those guys keep telling me the market is oversold. It can't go any lower. (But it does.) I bet your broker has some hot tips for you too. Advice from a broker is a eulogy for your money. I don't think he has told you about the one position you should have in your account right now. It's a nasty four letter word to him - CASH. In a money market fund it will make you about 5%, maybe 6% and that is better than the bloodletting going on in the market. There is an old saying - "When in doubt, get out". And right now everything is in doubt. The "experts" are confused as one says 'recession', another says 'hard landing', another 'soft landing', 'buy', and no one says 'sell'. That last word is a 'no-no' on Wall Street. Less than 3% of all brokerage recommendations are sells. They are afraid they will offend the company and won't be able to talk to the CEO any more. Hey, what about us customers out here? We are the ones who are paying the bills. Garrett van Wagoner of the Van Wagoner family of funds said he follows 5,200 Nasdaq stocks and that more than 1,000 of them have lost 90% of their value and 200 have dropped over 99% in value. Yes, he says there are some great values out there, but he doesn't say which ones or when to buy. I'd like to ask him if he was smart enough to sell some of those puppies before they hit bottom. The stock market mavens think they are market makers, but they are more like weather meteorologists who predict but cannot manipulate the weather. When the weatherman is wrong you get wet. When the stock experts are wrong you get soaked. As I have said in past columns there is no hope that Nasdaq will go back to the 5000 level for many, many years. Ten years would be my closest guess. There are too many stocks being held by investors who are waiting for a rally up so they can get out "even". This kind of thinking keeps you poor. Your money is tied up in a stock that will never perform when it could be some place else making you a profit. There is always some dummy out there who will buy your garbage. We are having a bargain basement sale now in the stock market. Most of it is something no one wants. Ever been to a garage sale? Can their junk be your treasure? There will be plenty of time to buy, but now is not the time to go shopping. Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know. Copyright 2005 |
Other Online Trading Articles
The Tale of Technical Analysis in Forex Trading Technical analysis may be used as either an alternative to or as a supplement for fundamental analysis. Technical analysis looks at the past performance and history of an investment. It relies on data showing this history and current trends and patterns to make predictions of future market activity. It ignores the intrinsic value of the investme ...Christmas Shopping - Tips and Advice Its that time of year again when everyone hits the high street to do their Christmas shopping. There are a few Christmas shopping strategies.Start in June This saves you panicking in a number of ways You don't get into debt because you are spreading the cost of Christmas over 7 months. You get to buy presents at bargain prices and take ad ...Forex Trading Software If you are looking to get started trading the Forex, you will find that there are numerous software programs available (both web based and desktop based) for you to use in your trading. In fact, most brokers offer clients a software package for free or as part of their trading account. Usually the software that comes with your trading account is ...Dispelling Illusions of the Stock Market How can you dispel an illusion unless you look directly at it? The magician distracts the eye with one hand while he does his manipulation with the other. You are looking in the wrong place and not seeing what is actually happening.Wall Street has mastered this move even beyond the wildest dreams of Houdini. Investors have become so mesme ...Stock Trading In simple terms, stock is a share in the ownership of a company representing a claim on the company's assets and earnings. The more the stock you acquire, the greater your ownership stake in the company.Stocks are mostly traded on exchanges in two basic ways: on the floor of the exchange or electronically. The trading floor of an exchange ...Cash Is A Position I go to the Money Show every year to visit with friends who have booths and are speakers. Then when folks are filing out of lectures I listen to their comments on what I know the speaker has been saying.The Money Show is for investors from all walks of life; however, my guess is the median age is close to 60. Those who go have accumulated ...Is Arbitrage Trading a Sam Did you ever here of sports arbitrage trading? Well if not let me just say it is a great way to make money. Sports arbitrage trading is a way to trade and NEVER lose. You always come out on top no matter what the out come is. It’s very easy to learn and easy to understand how it works, and once you understand it you can use it to earn amazing pr ...Online Trading Brokerage Online Trading Brokerage has been starting to hit big as a business brokerage career. Some newer brokerage companies in the market now offer transaction services in the form of a website-interface. It’s easy to go online. Low commissions are usually offered in as low as one to two US-dollars. This online trading brokerage also provides fast tran ...Finding the Best Online Dating Service With different kinds of online dating services littering the Internet, it is sometimes confusing where to sign up. While there is actually no restriction on how many dating sites you can sign up with, it is good to just concentrate on a few that you can really trust. Besides, most of these sites charge minimal fees for some services. If you do n ...Currency Trading Online It seems that since the personal computer and Internet took over the world, opportunities to make money are everywhere. Lots of people have decided that the traditional nine to five job isn't for them, and have found new ways to supplement their income. The stock market is very popular, and huge amounts of stocks are traded every day around th ...Can You Pass This Options Online Trading Cost Test - Most People Fail There are two types of stops that you will use constantly as a trader, protective stops and trailing stops. When looking at your options online trading cost, generally, positions start out with protective stops to guard your investment, and move to trailing stops when the trade becomes profitable. But the best way to familiarize yourself with st ...Choosing A Forex Trading System – Part 3 OK, in our last installment I showed you how a sample of a Forex trading system with a high percentage of winning trades could still be a losing system overall.The whole point of the exercise was to get you to take a closer look at the performance results of trading systems that you are interested in pursuing. Now that you know that it i ...What Dividends Are and When They're Issued If you've ever owned stocks or held certain other types of investments, you might already be familiar with the concept of dividends. Even those people who have made investments that paid dividends may still be a little confused as to exactly what dividends are, however… after all, just because a person has received a dividend payment doesn't mea ...Forex Trading: How to Setup a Solid Workstation? IntroductionAt first glance, it may not appear that important, but you will come to appreciate the wisdom of ensuring you have all of the tools necessary to make your currency trading experience a positive one.Work Station LocationChoosing the right place for trading is your first step. Be s ...Forex Brokerage Firms Foreign exchange brokerage firms play a crucial role in currency markets. They provide momentum to currency markets in various ways, such as by offering an interface to sellers and buyers of currencies and by executing transactions at their behest. They also offer margin account services, under which small traders can take much larger positions ...E-gold Invest: Make Money With Currency Trading Many people are already starting to pay attention to the newest online trend: E-gold investing.E-gold investing is a all about a system that allows you to profit from the money that is being traded everyday on the internet. What you're doing when you are trading e-gold (or e-currencies) is that you are providing the backup for internet mo ...Business Owner Are You Losing Out By Trading In Online Auctions If you are a Small Business or Home business selling your products on an auction site (or plan to do so), do you realize that you do not own a real business?More specifically, Ebay, Trademe or whatever auction site, are really the ones that own your business. The lifeblood of your business are your customers and your ...Day Trading the Emini - Training Ground For Big Contracts In 1997 the Chicago Mercantile Exchange created a new financial instrument known as the emini futures contract. It started off small but now is a fully mature market with excellent liquidity.Now in 2005, the emini futures contract is an investment vehicle of choice, for beginning and experienced futures traders the world ...Introductory Forex Brokers When a trader wants to open a forex account with any forex broker, there are options to choose from full service, discount and introducing brokers.A full service broker offers all the standard services, such as investment advice and price quotes. They also keep traders updated with all current trends. With a discount broker, the trader ha ...Trading Plan: A Roadmap To Trading The Markets Having a trading plan is similar to having a map when traveling to a new location. Modern day vehicles often come with a navigation system making it easier to travel with the fastest route. A trading plan acts as a road map for the trading day.Most new traders trade without a plan. This often causes reckless trading, emotional trading, an ...Greed - The Ugly Duckling of Investing Greed - The Ugly Duckling of InvestingAh, yes, that evil five letter word can get one into a some hot water when it comes to investing in the stock market now can’t it? I’m sure we’ve all been there, at one time or another, where the evil has overcome and we think; hold on for a just a little bit longer and I can make even more money tha ...Forex Beginners Guide - Learn How to Trade in Forex Market from the Basics Today’s Forex trading is well known as a lucrative way to make money online. It became an essential part for investor’s portfolio as you can simply gain thousands in minutes by trading currencies at home. For those who are new to the trade, Forex means Foreign Exchange Market where it involves buying and selling the different currencies of the w ...The Biggest Secret to Successful Currency Trading Successful currency trading looks deceptively simple, yet few traders succeed - despite the fact that there is plenty of material around to show them how. So why is this? - The fact is, much of the conventional wisdom given about successful currency trading, actually leads to the opposite - it actually causes traders to fail.So, let’s loo ...What is a Trading Plan - and Why You Need One? How do you make money without picking tops and bottoms?I am glad you asked...Successful trading is similar to a successful business. You see, every successful business has a business plan so do successful traders. The astute reader knows that, successful traders have a systematic way they approach the market ...What Is Forex And Why Should You Trade It? Although perhaps not as well known as some other markets, the Foreign Exchange (or Forex) market is the largest securities market in the world. Actually, if you combine all of the other markets in the United States together, Forex is 30 times bigger than even that. On average 2 billion dollars are turned over every day in Forex trading. Clearly, ...Bartering Online Online bartering has been going on for at least ten years. High profile websites that feature the service have been online for at least five years; a little surfing reveals that they are going through a process of consolidation and realignment.There are a couple of models for online barter. A few sites charge substantial fees for member m ...Web Hosting Services In the virtual world, the success of a website often depends on the design, reliability and the ease of use. These things in turn, depend on the type of web hosting services you choose as the owner of the website. In most cases, the web hosting service you select may well decide the future of your business online. So, it’s important to study var ...Forex Pros And Cons Trading is a skill that takes some time to be trained. Same as boxing it’s also an expertise that takes more time for learning. And without any training, if you get into a professional boxing ring you’ll get beat up easily in a physical manner! But in certain cases, if you get into the Forex ring without any training, you’ll get beat up economic ...Using the Stock Market to Plan for Retirement The stock market can be a powerful investment tool, especially if you're planning on making long-term investments. Unfortunately, the instability of the market can make many people hesitant to trust in it for financial planning. Despite this, if you're looking for a way to make plans for your eventual retirement you might want to set aside some ...FX Currency Trading If you have ever traveled outside the United States, you have probably traded in a foreign currency. Every time you travel outside your home country, you have to exchange your country’s currency for the currency used in the country you are visiting. That’s why it is very important that you should know the exchange rate of various currencies use ...Option Trading for the Beginner Any journey starts with a single first step. Everyone agrees that this is true, but what is the first step for the beginning option trader? The vast amount of information can appear to be overwhelming, and is full of terminology that might as well be ancient Greek for all the sense it makes. Everyone you meet, and every website you visit has ...Understanding the Forex Trading System The forex trading system involves buying and selling foreign currencies, it is the biggest financial market in the world and on an average the trading ranges anywhere between united states dollar one and a half trillion to two trillion everyday. Trading goes on round the clock on all working days throughout the globe. If you plan to explore inve ...Learn Online Forex Currency Trading Online Forex currency trading is a fast business, and if you do not have the proper training, it can be very easy to lose your money in it. Make sure you have all the right information and skills before you even begin buying and selling currencies. Where and how do you get the right education? Here are some ideas.Learn OnlineTakin ...Tips for Foreign Exchange Trading Rookies Have you thought of starting a new career not bound by an eight hour job in the office? Work-at-home job is steadily gaining momentum and popularity among adventure-seekers.Aside from becoming web-content writers or typists, trading foreign exchange (FOREX) currencies can be a bankable endeavor for you. Although, this needs practice, visi ...
|
