This Market Forgives and Forgets
We used to joke on the trading desk about how quickly lapdog analysts would come out and say, "The weakness is an opportunity to buy." They would pound the table to get people to purchase shares no matter how horrible the earnings transgression was. We used to say "here comes the B.O.," with the obvious implication that a buying opportunity stunk out loud.
But in this market, a market where forgiveness reigns supreme, weakness actually is often a buying opportunity....530 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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