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Browse > Home / Economy, Markets / Lame News – Assuring You Buy At The Top, Sell At The Low
Lame News – Assuring You Buy At The Top, Sell At The Low
June 2, 2011
Yesterday was a nasty day for equity markets…on a global scale. Now we are starting to see a good amount of commentary that expects economic reports to remain weak, and possibly get worse. So much for being ahead of the curve guys!
Doesn’t it seem as though that once the press (especially the main-street kind) gets a hold of the story, it is way past the point of being timely. I mean, the promise of the internet was supposed to provide timely access to information. Obviously, no one ever explained that to the journalists. Or maybe the truth is that we should not expect anything different as the source of the information is (at best) suspect.
Just today, this was from page of Barron’s online:
Expect More ‘Unexpectedly’ Weak Economic Data
WOW! That is news? What happened to all of the silver-lining talk and weather related rationale that had been reason to put aside all of the “bad” news? What happened to the commentary about the Japan tsunami having no affect on global growth. What about the economic insight about how the high price of commodities will not bring down GDP growth?
more,,,,,,,,,,,http://www.thedisciplinedinvestor.com/blog/2011/06/02/lame-news-assuring-you-buy-at-the-top-sell-at-the-low/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+thedisciplinedinvestor%2FEBHR+%28The+Disciplined+Investor%29
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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