re: Learning to Pick Growth Stocks

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Pundits continue to say that we are “starting” a bear market. I tend to disagree.
Oil is ALREADY down 40%.
The German DAX is ALREADY down 30% after giving warning signs several months ago
Lumber could be argued as being a leading economic indicator. It has ALREADY collapsed over
50%.
AAPL is ALREADY down 35%. AMZN is ALREADY down 34%. Facebook is ALREADY down
42%. Netflix is ALREADY down 42%. NVDA is ALREADY down 58%.
As of a few sessions ago before the most recent collapse, IBM was down 32%, Dupont 33%,
Citibank 32%, Wells Fargo 29%, Bank of America 26%, AIG 36%, Goldman 33%, Deutche Bank
59%, Credit Suisse 40%, BNP 40%, ING 40% and I won’t even go into energy stocks which have
been totally destroyed and left for dead.

Historically, massive selling sprees tend to be confined to 3-4 month windows before a significant
bounce ensues.

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quote:

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If you're trying to learn how to do better than the pros in your spare time, you can't.

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