Tuesday, November 01, 2005

The last of the rules!!!

I saw this mad looking picture of Cramer and thought it would be appropriate for the last set of rules.
Today you get 5 rules for a total of 25!!!

Rule No. 21: Be a TV Critic
Accept that what you hear on television is probably right, but no more than that.  More

Rule No. 22: Wait 30 Days After Preannouncements
Preannouncements signal ongoing weakness, wait 30 days to see if anything has gotten better before you pull the trigger to buy.  More

Rule No. 23: Beware of Wall Street Hype
Never underestimate the promotion machine because analysts get behind stocks and can keep them propelled in an up direction well beyond reason.  More

Rule No. 24: Explain Your Picks
Buying stocks is a solitary event, too solitary in fact, so always make sure you can articulate your reasoning to someone else.  More

Rule No. 25: There's Always a Bull Market
It's OK if you have to work hard to find it, just don't default to what's in bear mode because you are time-constrained or intellectually lazy.  More

 

 

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