Never buy because a price looks low, and never sell because a price looks too high. IT DOESN'T MATTER WHAT YOU THINK.
Why would we say something like that, why doesn't it matter what you think? Well here's the cruel reality of the marketplace.
It doesn't matter where these markets are headed. What matters most is you get the direction right. MARKET DIRECTION... that's what's important.
Just look at Bear Stearns this morning. Joe Lewis the Bahamas based investor (smart guy) is a little less wealthy as his 9.4% share of Bear Stearns has a loss of 1.16 billion dollars.
The reality is, these are trading markets. They are all driven by MARKET SENTIMENT. That's the kind of markets we are in right now, and we are likely to stay in this mode for quite some time.
What matters most, is that you get the direction of the market right. You can only determine the trend by using pure market action. The easiest way to do this is by using a program that tells you in plain English what the market is doing.
Take the next several minutes and watch the latest video on Bear Stearns and let us know what you think.
>> View video
Let the markets have their say... all you have to do is listen.
We are going to see some amazing market and trading opportunities this year. So start planning today. It's important to stay cool, listen to what the market are saying and have a game plan that works.
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