10/15/2004

Markets and reality: If you have lost money over the blowout in the indexes the past week or so you only have yourself to blame. None of the stocks I track have lost anything and all are up instead of down. Here's a partial list of stocks that went up when the Dow lost 200 points: ADS, BMO, BNN,NSC, HRS, EFD (an absolute monster move to the upside), SLM, SSI, UTIW,SCSC, PIXR, ARLP, PPDI, CTSH. And those are only a few making new highs day after day after day. The indexes are dominated by quick buck speculators. Buy stocks that are sound and you will never be hurt. Invest. Invest. Invest. Use IBD and the CANSLIM system.

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