Stock Watch 2.3.12 ” Flava Flav Said Don’t Believe the Hype
You may remember the old Public Enemy song ” Don’t believe the Hype” That is a great motto for traders. Never believe the hype just trade the hype..and I mean both ways. The hype lately is the Facebook IPO. If your stock is even 7 degrees from Facebook and Kevin Bacon it’s busting out. Trade that hype, bank on that hype but remember that for most of these turds nothing has changed. They are the same crap holes they were in December ( RENN you know I’m talking about you!!). Be a bankholder not a bagholder. You’ll stay alive longer.
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