I have a confession tonight.  The past few days I have been saying that I do not fight a downtrend and stay mainly in cash or short.  Well, I am not perfect. I could not resist nibbling at a stock that was resisting the downtrend.  For several weeks now, Cramer has been recommending GOOG as [...]

I think you do your listeners a disservice. Mutual funds must stay invested, individuals do not.  About 70% of stocks go with the market indexes.  When the indexes are declining as they have been for weeks, it is your duty to tell people not to fight the trend.  Get out of the way, safely in [...]

“MY ONLY SOUND REASON FOR BUYING A STOCK IS THAT IT IS RISING IN PRICE .  IF THAT IS HAPPENING, NO OTHER REASON IS REQUIRED.  IF THAT IS NOT HAPPENING NO OTHER REASON IS WORTH CONSIDERING.” Nicolas Darvas, Wall Street: The Other Las Vegas, New York: Kensington Publishing,1964, reprinted 2002, p. 134. Actually, Darvas (who [...]

IT TAKES A ROCKET SCIENTIST! (Copyright ©  2005, by Eric D. Wish.  All rights reserved.) “There is no magic about buy signals. They are only devices by which we call our attention to stocks that have already begun to attract the attention of others.” Burton Crane, The Sophisticated Investor, 1964, p. 49 Can you believe [...]

“it is utterly useless for us on the outside, who buy and sell comparatively small blocks of stock, to conjecture about what “they” are doing.  We cannot know what the insiders intend to do, but we can see their orders on the tape when they execute them.  That is why my plea is for everyone [...]