All information accessible to the public on this site was first seen by our Smart Money subscribers at least two weeks prior to being posted. For information about how to receive the Smart Money newsletter as soon as it is published, please click HERE . Even more important, we hope you took at least partial profits as the stock quadrupled. Admittedly, you had only one day to get out near the high which says something about the current market. We have to deal with the market we are handed.
Veterans know that doing well in any market usually requires a combination of boldness and caution.
In today s market that combination is more important than ever. To simplify, we want boldly to buy stocks when they are down and unpopular, and to sell during the periodic bouts of enthusiasm. We expect to be doing this for some time and to have more opportunities than usual for quick profits. But there s also more risk in the market today. That s because the overall market is not cheap, though many stocks still are.