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Wednesday, December 13, 2006
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Wall Street to Main Street: News, Views and Commentary: June 6, 2006
It's Tuesday June 6, 2006, and we had blood on the street yesterday as Fed Chairman Ben Bernanke spoke and put more doubt on the table in regards to the Fed pausing any interest rate hikes for June. Now you can look at this as the glass half full or half empty, I prefer the half full view because this will present both trading opportunities as we mentioned last week and opportunities for long term investors either to average down or get involved in stocks that they like, at a bargain.
In this market you need to bottom fish, look for those companies that have fell by the way side and have been driven down by market conditions. It takes some research but this research could garner some nice profits for you. We'll give you a few head starts but I'd like you to do your own homework as well, because at the end of the day we're talking about your hard earned money.
It's Tuesday June 6, 2006, and we had blood on the street yesterday as Fed Chairman Ben Bernanke spoke and put more doubt on the table in regards to the Fed pausing any interest rate hikes for June. Now you can look at this as the glass half full or half empty, I prefer the half full view because this will present both trading opportunities as we mentioned last week and opportunities for long term investors either to average down or get involved in stocks that they like, at a bargain.
In this market you need to bottom fish, look for those companies that have fell by the way side and have been driven down by market conditions. It takes some research but this research could garner some nice profits for you. We'll give you a few head starts but I'd like you to do your own homework as well, because at the end of the day we're talking about your hard earned money.
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