We're in Loss-Acceptance Mode
Sometimes you just have to let it come down. There's no sin to it. When the powers that be, all of the politicians, are aligned against you, when the consumer is tired, when earnings estimates haven't come down enough, you just have to accept a short-term defeat and recognize that only yield and truly special situations are going to save you.
You can game yield. We know that Eaton (ETN) bottomed because of yield, not necessarily what the company said. You simply discovered that this terrific industrial with an electrical bent is doing better than it should be and is going to close on an acquisition that will make it even better....751 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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