When to Buy? When No One Else Cares

Summary


A headline in the April 11, 2006, issue of The Wall Street Journal reads: "Rush of Investors to Commodities Fuels Gold Rally."

Unless you're a long-term commodity investor, this headline signals to get out of both commodities and gold. Whatever investors are clamoring for, go the other way. You'll be amazed how many losses this will save you. (The night before the headline, oil closed at $68.74 a barrel and gold at $597.60 an ounce.)

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When to Buy? When No One Else Cares

Assume that my selling advice will short-term be wrong. But sell anyway. Investment predictions are never exact. You have to go with the odds. When investors are rushing into...

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