Time to Protect Your Downside

This "huge" selloff of the past month really is not all that big. Investors and traders have been talking about it as if it were a huge buying opportunity or the start of the end of the world, depending on their mind-set and bias. It really has not been either, as the stock market has not even declined 10% off the highs so far.

It is not time to hobble down to Wall Street and load up on cheap stocks. Nor is it time to sell the safe and cheap stocks you currently hold in your portfolio. No one knows which way the market will trade for the rest of the year, and those pundits who get the direction correct will merely be lucky, not prescient or skillful prognosticators....556 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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