Stay Small and Move Slowly
Lately, most of the reader questions I have received have been mainly on three topics and I am going to use today's column to answer some of them.
A few weeks ago, I wrote a column entitled Raising the Caution Flag. Lots of folks want to know if I still feel the same way. The simple answer is yes. I can give you lots of reasons to be cautious. There is no real solution out of Europe yet. Earnings season has shown many companies are struggling to grow sales. We are still seeing momentum darlings like priceline.com get crushed for missing estimates. The jobs picture is still not improving very quickly. Residential real estate is facing another wave of foreclosures. The Market Volatility Index (VIX) is getting back to levels where markets have reversed in the past....522 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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