vinyl siding installation cement board siding lake bluff installing vinyl siding installing vinyl siding northbrook install vinyl siding algonquin .. Chicago Drug testing

Where Is The Rabbit?

We need a rabbit!

This was a pretty horrible week for the market with two 100-point days and Friday closing on the lows.

During these past few days Sir Alan told us things are looking up and the economy is basically strong. Mr. Market didn't hear him. It seems that jaw boning can't get people to buy. In fact there were more sellers than buyers.

If you go back in history it is a truism that has become conventional wisdom that the stock market goes up during an election year. The reasoning is obvious. The president - who ever he is - in office will pull out all the stops to create the illusion that the economy is in good shape and he is the one who takes credit for it. Both Mr. Bush and the Fed chairman better get their best top hat out and reach way down for that white rabbit.

It is going take some real magic to get folks in a buying mood. The lower it goes the less likely they are to buy. Of course, brokers are calling and telling investors, "This is the break to buy. Stocks are cheap. Better get on board now. You can't let this opportunity pass by. You can't afford to be out of the market." And on and on with the platitudes. Don't believe any of that hog wash.

What brokers should be telling investors is to protect their money by placing stop loss orders. You can be sure that won't happen. The big brokerage firms frown on stops and punish brokers who encourage customers to use them. Fortunately, when I was a broker I worked for company that did not penalize this concept and I refused to take a customer who would not place stops when they bought something. That is why I never lost customers and had them for years.

This year the major indexes (DOW, S&P, and NASDAQ) are down. Not a great deal, but definitely lower. This means for those who invest in index mutual funds that they are running a loss. Brokers always say, "You are in for the long haul" so not to worry about what is happening now. That's what they told you in 2000 and you still have not recovered your losses from then.

No brokerage firm tells the true story of the secular bull and bear markets. These have occurred with great regularity for the past 200 years and will, if history continues to repeat, follow the same course. The shortest secular bear has been 8 years and the longest 25 years. At a minimum we are not half way through this one. Prudent investors (and I hope that's you) will protect their portfolios with stop loss protection on every position. Every broker and financial planner will advise against it, but it your money not theirs.

The market is not magic. Hocus pocus and white rabbits will not make it go up for very long. Illusions are not where it's at. Forget the brokers' abracadabras and place your stop loss protection today.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.

1-888-345-7870; al@mutualfundstrategy.com

In The News:

Its Better

Question: How does it get better when it gets worse?Last... Read More

The Inside Scoop on Mutual Fund Rip Offs

The bear market that showed up at the end of... Read More

Dont Lose All Your Money

That sounds like good advice doesn't it? Don't lose all... Read More

Trade Stocks for Real

I read a comment by a forum member on another... Read More

My Stock - Right or Wrong

We all know the expression, "My country, right or wrong",... Read More

Economists #2

Economists know more about how the fragments of society work... Read More

The Stock Market - How Just One Question Will Tell You All You Need To Know About Your Stock Broker

Last time we looked at the real performance of the... Read More

Its A Duck

If it walks like a duck, quacks like a duck... Read More

Buying Stocks and the Importance of Correct Timing

An investor can find and research the best stock on... Read More

How to Make Big Money Safely in Stock Market

(1) Stock Market is Tough Place to Make Any Money... Read More

Pension Plans

If you have a pension plan at work you will... Read More

12 Basic Stock Investing Rules Every Successful Investor Should Follow

There are many important things you need to know to... Read More

Discover the Biggest Trading & Investing Online Mistake

Any online investor / trader seeks an excellent off or... Read More

Attitude Is [Almost] Everything

I often play a little game with myself when I... Read More

Oil Stocks CHK WLL - What Is Their Worth?

(1) CHK stock price $16.74, NAV $32.5CHK is my favorite... Read More

Investing Basics - Stocks, Mutual Funds, Real Estate & Online Investing

Have you ever thought of investing? Do you have a... Read More

Bad News is Good News

For weeks, no, months we have been bombarded with nothing... Read More

Stocks Options Trading

Let's assume that you want to make some serious money... Read More

?Fears Only Enemy Is Action?

What a great statement!I just heard someone use it in... Read More

Living Trust Investing: Income Considerations when the Grantor Dies

A common problem I often see when working with living... Read More

Trading For A Living - Part 1

There can't be many traders who haven't at least considered... Read More

The Big Bad Bear

The big bad bear is stirring again. So far he... Read More

You Don?t HAVE To Be Trading

As a novice trader, you'll often feel the need to... Read More

Choosing A Fund

For years I have been saying you must have a... Read More

VIX

No, this is not a symbol for some Latin number.... Read More

innovative induction lighting outdoor wall pack lighting Pete's produce ..
innovative induction lighting outdoor wall pack lighting Pete's produce ..