More Opinion by The Springboard

THE UPRISING OF THE AMERICAN PARTY "Clearly the voters are engaged right now, at least for sure on the republican side, and what they have concluded is that the republican party has not done their job. Thus, Donald Trump gets their vote."

Monday, June 24, 2013

Markets Ugly, But Enticing

So the markets continue to free fall. So what? That's my sentiment. Really. So freaking what? The fact remains, as I see it, that the markets are simply pulling triggers out of nervousness, but the fundamentals remain strong. So without sounding like I am beating a dead horse...so what???

I actually look for opportunities like this and I buy heavily into them. Wall Street likes to panic. They do this often. It's almost comical, actually, when you read the news of the day each and every day on the markets and watch how these guys react to things. One day its all good. Housing starts up 30%, the markets soar. The next day, consumer confidence drops 0.5%, market drops.

These guys look for reasons to pull the trigger in either direction. They are like birds eating, really. You know what I mean? Have you ever watched a bird eating? Their heads dart to and fro, back and forth, almost frantically. They take a couple of pecks of food. They repeat their frantic darts. The wind picks up speed, tivckles their wings, and their off.

But the wind is not a predator. It's just a wind!

So, that's what I do. I sell puts and calls, and buy stocks despite what the markets overall are doing. And I have to say it works. I don't panic. I am steady as she goes. Besides, the smart investor doesn't buy or sell a market. A smart investor buys or sells a company.

And right now, there are a lot of great companies that went on sale, and continue to be discounted more. Continue doing what you are doing guys. I know the wind from a predator, and while you fly away at the slight tickle of a breeze, I'll stick around and eat the seeds you left behind.

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