Monday, March 30, 2009

Advice of one of the most followed wall street investor

............Old timers are fond of saying, "The trend is your friend." The trend may be your friend, but I can tell you that the stock market is not your friend. I've said this before and I'll repeat it -- the stock market is not for the average investor. As is the case with Las Vegas gambling, stick with the stock market long enough and it will take your money and leave you chagrined and angry. In my experience, if you deal with the stock market over any length of time, you will end up poorer and more frustrated than when you started.

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