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Varchild2008 (84.76)

This is a Trader's Market! Illustrating Absurdity

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August 18, 2009 – Comments (1) | RELATED TICKERS: DPS

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!"

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(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!



1 Comments – Post Your Own

#1) On August 18, 2009 at 8:34 AM, FOCKEWOLF (< 20) wrote:

I second that emotion.

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