Thursday, June 16, 2005

Russ Towne's InvestmentThoughts: A Delay that Saved Me from a Terrible Investment

Russ Towne's InvestmentThoughts: A Delay that Saved Me from a Terrible Investment

For many years, the front cover of Business Week indicator has been an excellent contrary indicator. If any of the major popular magazines have a front cover about "The Death of Equities" it is time to buy stocks and if the front cover is about "The Big Bull Market" it is time to sell. Articles are much the same way. One should avoid stocks with glowing reports in magazines. One should buy stocks that are at least temporarily out of favor.

Right now the public is negative on the economy and on stocks. This is reflected in many magazines and in many financial blogs. It is a good time to own stocks.

BUY THE BULL!

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