I noticed that all the analysts and market experts they host on various television shows always have something in common. No matter what is going on and no matter what direction the market is moving they will always say that we haven’t seen the end of it and the market will still go further. Further up or down you ask? Well, that depends on what direction it was when they appeared on television. If the market is down they will never say we’ve reached bottom or things will go up soon. They will talk about how we haven’t seen the last of the declines. On the other hand, when the market is up they will talk about how for the near future the gains should continue.
My theory is that a turnaround prediction is much more memorable and people will come back to them if it doesn’t happen. But if something doesn’t continue as they predict almost no one will notice.
But I notice. That’s why I’ve been learning to invest on my own. I started learning at the at Qualitystocks.net. They have some great information and it is all presented in a nice, easy to read fashion. Their most popular section is the Market Basics page on their sites. They cover topics such as
Stocks to avoid, Due Diligence, Monitoring Investments, Key terms in investing and more. I highly recommend their site for anyone wanting to learn about investing or just for information about a topic or two you are interested in.