This is a Trader's Market! Illustrating Absurdity
CNBC: "Market fell more than 100 points today.... This is a Trader's Market."
CNBC: "Market has gone up for 2 straight days now and this is evidence that we are in a Trader's Market."
CNN: "President Obama just spoke about the Trader's Market at Wall Street as a cause for concern..."
MSNBC's Chris Matthews: "I keep getting a tingling sensation over this Trader's Market on Wall Street."
FOX BUSINESS: "Is this still a Trader's Market? Is Buy and Hold dead? Buy and hold never works right?"
CNBC: "Buy and Hold is a STUPID strategy. It never works and that's why only professionals make money. HOGS get slaughtered!"
JIM CRAMER's MAD MONEY: "As soon as a stock's fundamentals change you pull your money out!! It's not BUY and HOLD... Buy and hold never works! That's a strategy giving to you by a bunch of corrupt money Guys who want you to lose your money! It's BUY and HOMEWORK.
CALLER: "What do you think about such and such a stock?"
JIM CRAMER: "That company has had a REAL BAD Quarter. You can't hold onto the stock with a quarter like that. This one is a SELL SELL SELL!!! Find something better and quick!"
(DPS) Pre-Market: BID $26.10 ASK: $26.25 Highest Closing Price ever: $26.50
3rd Quarter 2008 was a 6 Cent, BIG earnings miss..... Hansen Natural Corp. pulled out of DPS distribution sometime in Q4 2008.
Earnings Miss + Fundamentals Changed.....
And..... Yours truly.....HELD.
So whose advice do you trust? Answer? TRUST YOURSELF!