Emotional Maturity

If you are going to be a winner in the stock market you must have emotional maturity. I did not say you had to be smart or know how to pick stocks and mutual funds.Once someone buys a stock or mutual...Full Article

Economists #2

Economists know more about how the fragments of society work than anyone. In school they are taught to break down the economy into its tiniest parts and to quantify each minutiae so it can become part...Full Article

Evaluation I

An insane person cannot evaluate an insane evaluation system.As you know I have been trying to restore sanity to the insane premises Wall Street has been teaching its brokers and you for all these yea...Full Article

Enron Cure

Lets hope you did not have any of the Enron stock. Maybe you know someone who did and lost everything, but you certainly might know several people who owned stock that lost almost everything. They pro...Full Article

Emotional Involvement

Ill bet with almost anyone that has stocks or mutual funds in his portfolio that he has losers, but he wont sell them because he likes them or some similar excuse. This is the philosophy of a loser.Yo...Full Article

Economists

In todays volatile and confusing stock markets everyone is searching for a guru who knows which way the market is going and when. Ask any economist and he will have an answer. Ask 2 economists and you...Full Article

How Much Information Do You Need?

You have decided to buy some stock or mutual funds, but wonder which one to buy. You need more information so you call your broker for advice. A so-called "full service" broker will bury you...Full Article

Hold Em and Fold Em

When most analysts, financial planners, fund specialists and investors try to decide whether to buy a particular stock they immediately go to the financial statements to determine the growth potential...Full Article

Gurgle Gurgle

Caught in a whirlpool and being sucked under. No life vest or other device to save you. Gurgle, gurgle. Down you go.This last couple of weeks in the stock market kinda feels like that whirlpool when y...Full Article

The Golden Goose is Sick

It is finally catching up with them. The brokerage companies I mean. For years they have been feeding bad food to their flock and now the flock is rebelling. The customer has been low man on the totem...Full Article

Hill of Hope

Just about now everyone is confused as to which way the stock market is going to go - up or down. For the past 3 years it has been headed south, but the Wall Street experts have told us that the marke...Full Article

The Great Stock Market Secret

When the stock market is going up and all your stocks and mutual funds are making money you feel like a genius. It is too bad that some folks dont remember what happened in 2000. Of course, right now ...Full Article

Gold Fever

Right now there doesnt seem to be any gold fever. Very few are out looking to strike it rich in this sector.Way back when at Sutters Mill in California the discovery of gold was accidental. One of Sut...Full Article

The Holy Grail (of Investment)

Every year I go to the Money Show in Orlando, Florida. Thousands attend. It is mostly an older crowd with the youngsters about 40 years of age. I have been saying for years that until you have lost en...Full Article

Hedge Funds

You read and hear a lot about hedge funds. Unfortunately, most of what you hear is negative because it comes from the major media that has an interest in reporting negatives about them because the maj...Full Article

Good News?

As the man said, Ive got some good news and Ive got some bad news. What do you want to hear first? It was replied, Tell me the good news first. The good news is that they are going to make some change...Full Article

Getting Even

I know there are a lot of you out there who would like to get even with the stock market. Many are on the diet of I hope, I hope. As a professional trader I can tell you that diet will make you very s...Full Article

Duct Tape

Did you run out to buy that duct tape yet? Dont forget the plastic sheeting, bottles of water, canned food and a couple of books to read. What are you waiting for? I know - things to get better so you...Full Article

Duck

Duck! No I dont mean a quack, quack. I meant get down, look out for a huge blob of brown stuff is heading your way.This one is so large it is going to make Enron and Worldcom look like Boy Scouts stea...Full Article

Downdraft

For the year 2000 we have seen hundreds of mutual funds lose 40%, 50% and more of their value. This does not seem right since the fund is supposed to be managed by a professional. How can this profess...Full Article