Lincoln Alerts 5.23.13
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What a wild ride Wednesday. This market has gone nutty in the middle of the afternoon. I thought we might see some volatility since the Fed was meeting with congress but the action was more than expected. We should start to see more balance in the marketplace because now you can see all the stock market “records” every day on the front page of the Newspaper, that is when things get real bad. The stock market should never be on the front page of the paper. When that happens it opens the door to the average investor who decides it’s time to re enter the market. These poor souls have been sitting on the sidelines sice they were burried in 2008 but instead of jumping back in to the markets before the rally they wait until the stock market becomes popular again which leaves them up paying for worthless stocks. No wonder Wall Street has a bad name.
Ideas for 5.23.13 $CLNT $SPPI $BONT $OSTK