Wall St at it's Best

Was it only last tuesday when all of the so called "experts" had us convinced the sky was falling? Advising us to sell and get defensive?

Well, after all the uproar, here they are again, NOW implying we should be buying. They don't know anymore than we do what the next 20% move, either down or up, that the market is going to do. What they do know how to do is to use our emotions to get us buying and selling generating fee's and expenses on all of those transactions.

The next time you find yourself getting caught up in the emotional momment, ask yourself this question:

Why are they telling me? As I sit here in my Glen Burnie or Ellicott City, MD home, or any other location, WHY? If you knew, who would you tell? Isn't that predicting the future? And if you or anyone else could predict the future you wouldn't be wasting it on analysing stocks.

Followers of free market investing do better things with their time than to listen to that garbage.