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Red is Not a Good Color

I had been pretty busy all this week, so I was never really able to run any good positions. It was probably a good thing I didn’t. When I open Firefox the home page is my personalized iGoogle, with a Google Finance section in the corner (yes I my life is google). Not good to see so much red I presume.

Goog Finance

Good thing for this and this.

Now its time for you to catch up on whats going on (click on sources for full story).

The Big Picture: Anybody else trying to hold themselves back from a discounted shopping spree in Florida?

Afraid to Trade: “Listen to the “voices of volume” and what they may be saying about recent price activity, so that you may have a fresh clue about what may be happening in the ever-changing saga between buyers and sellers in the marketplace.”

Ball Don’t Lie: “But what will you do with your newfound money? Will you use yours to buy a flat-screen TV, computer or toaster? Will you put it to good use and pay off some debt? Or will you finally splurge to go watch the Grizzlies get destroyed by 25 points every second or third night? Because if you’re thinking the latter, then you’re in for a treat.”

My Investing Blog: “If you’re reading personal finance blogs, you’re also probably looking to keep tabs on how you can make more money as well. I’m not gonna lie, I do it myself, who DOESN’T want to make a few bucks on the side? The key is knowing what to look for…”

Option Addict: “A trade gone bad always has a reason behind it. Whether you took the trade at the wrong time, chose the wrong stock, over looked a pre existing condition, or whatever; there is a reason. The question is, did you take the time to look over the damage and figure out why?”

More on this topic (What's this?)
Quick news – August 4 2010
Read more on Google, Corner, For You at Wikinvest
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3 Responses to “Red is Not a Good Color”

  • May 24, 2008 at 3:03 pm

    You should condition yourself to accept all market behavior, just like all the seasons.

    Green is good – it means you can take profits.

    Red is good – that means buying opportunities.

  • May 24, 2008 at 4:00 pm

    Yeah I know. I just used it for the title.

    Lot of the stocks I have recommended on here were because they have been beaten down.

  • May 24, 2008 at 4:45 pm

    Good call Praveen – glass is always full mentality. :)

    TheWild1 – thanks for the link love! ;)