Just as it is not a good idea to vote based upon only your
heart (as opposed to your head), it is also advisable not to purchase stocks
based only upon emotion. Today the stock
market is down over 200 points on the Dow Jones Average … and what stocks are
bucking this trend by now being up? … Google
(GOOG), Facebook (FB), Twitter (TWTR), and Tesla Motors (TSLA). To me, this is as good an indication as any
that these stocks (except possibly Google) are being accumulated by
unsophisticated buyers … sometimes referred to as momentum purchasers. Caveat Emptor!
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