No Desire to Argue With Billionaires
People like to fight the tape. It's a natural instinct, given that stocks have been such mediocre assets for so many years. The buy-the-dips, sell-the-rips attitude has been the winning them since 2000.
But it isn't winning now. If you'd sold the rips, you'd have sold a ton of stocks a long time ago. The charts are breathtaking now, with breakout after breakout all over the place. I'm seeing them in housing, hotels, lumber, semiconductors, construction equipment, cable television and entertainment, healthcare, consumer packaged goods, packaging, chemicals, drugs, biotechs, retailers -- you name it....1377 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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