16 Wall Street Cliches in 60 Seconds
Buy the rumor and sell high, because there’s no such thing as a free lunch.
Prediction is difficult, but never catch a falling knife. Cut your losses, no one ever went broke taking profits.
October is a peculiarly dangerous month to speculate in stock. The others are July, January, September, April, November, May, March, June, December, August and February.
So sell in May and go away.
Bull markets climb a wall of worry, and bear markets decline on a slippery slope of hope.
But remember, pigs get slaughtered, and everyone looks like a genius in a bull market.
Be fearful when others are greedy, and greedy when others are fearful, and just make sure you don’t fight the tape.
When the tide finally goes out, you’ll find out who’s been swimming without a bathing suit.
And make sure you know where your money is at the closing bell.
Give me a call, I can help.