Friday, May 18, 2012

Stocks Falling Down, Profit Taking, Buying Opportunity

Ha! This is the time I've been waiting for, stocks falling down. There are a lot of overvalued companies during the bull run and I just can't hide my happiness when the correction is finally happening. Traders can go lift their ego up by saying they are courageous, but I think, being courageous in a game that's almost a no-brainer is a little irrational. I think, risking to buy in and out of a stocks where the fundamentals are good but the price is falling is a good enough sign that you can make money.

Of course, I would prefer a recession over this time. But this is good enough to hand pick a few bargains or add to some positions. Dividend yields also increases due to a lot of stocks falling down. Its a good time for investors to do a search for a few stocks we could hold for a lifetime.

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