Monday, July 20, 2015 7:19:37 PM
I now only try to invest with the wind at my back.
Look for promising industries where many stocks trade high and higher. Buying on breakouts that never look back. Specially if they break through 52 week/highs on volume and with good fundamentals (greater earnings each quarter).
You will sleep better and will be less anxious :) And you'll make money!
Greece has deep structural problems. A devaluation might help if/when they exit. But.. what export industries can they rely upon that will bring additional, extra funding after devaluing? Argentina defaulted, devalued and immediately started growing because their economy relies a great deal on grain exports. Which in addition had inflated prices for most of the years post-default. Greece has problems within the Eurozone and out of the Eurozone!
How many o/s does molycorp have? :)
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