Monday, January 13, 2014

WHY WAS THE DOW DOWN 179.11 POINTS TODAY - I KNOW WHY!


                                                "THAT'S JUST MY OPINION" - VOL - 26
Why? Was the DOW down today? Let's examine - Goldman Sacks (GS) stated today the market was fairly valued! Really! Do you think they want certain stocks to go down - so they can buy buy them for their clients?
Oil prices are going down! Retail stocks are having huge sales on their products!  My question to you is this -You as a consumer can buy gas cheaper and products cheaper is that more money in your pocket?
YES!!! That's great for us!! You notice I have no stocks in the oil field or the Macy"s of the world!!!
We have not even entered into the 4 weeks ahead of earnings!!!
Remember the Billionaire investors in this market - Warren Buffett, David Einhorn, T. Boone Pickens, Jim Simons, Lee Cooperman, Carl Icahn, Steven Cohen, John Paulson, David Tepper, Paul Tuder Jones,Ken Fisher ect. - did not not make their money in the market by buying on the highs or MORE IMPORTANTLY SELLING ON THE LOWS!!!!!! They bought stocks when they considered them cheap - AND THAT IS WHAT YOU NEED TO DO!!!!
Those of you that are 45 years and younger - you need to revisit "THAT'S JUST MY OPINION" - VOL -20. This is your chance in the next three years to make enough money to retire!!! Social Security will not exist when you get to 65!!!!!!!!!!!!!!!!!!!! Don't count on it!!!! Also go to Vol. - 21.
This is the time to buy stocks that you have done homework on!!!
Make a list - NEVER BUY STOCKS ON MARGIN!!!!
I will give a list of stocks you need to look at on a scale down basis in my next blog!
STAY TUNED!!!!
Thank You;
Len Dwelle
lendwelle@hotmail.com
                                             "THAT'S JUST MY OPINION"


    

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