Thursday, May 7, 2009

Minyanville article: Advice for Stressed-Out Bears

excerpt from this week's article:
"As the stock market continues its unsustainable climb, and portfolio values recover from the depths of their devilishly low point of early March (S&P 500 at 666), there's one group that hasn't been enjoying the merriment of late: the bears. Clinging to the ill-advised belief that the end of capitalism was upon us, the flexibility necessary to successful investing was...

As stocks embrace the pending results of stress tests, it looks as though bears need not stress out for much longer. However, my longer-term advice to the bears is this: One-way, die-hard thinking is always stressful. It may make for entertaining television, but it's not good for your financial health...."

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