january, 30, 2003 archives

don't buy if you believe it will go lower

meg hourihan points to an article on the motley fool that puts the positive spin on declining stock prices. investing is good. investing in things that you believe have a declining value is just silly. why settle for average?

nasdaq composite recovered its losses?

okay, this red herring article that says the nasdaq composite index has “rebounded sharply” is disingenuous, at best. their chart. the one-year chart. sure, it's about where it was last july (and has been wobbling around that mark since november). but it's off about 35% since the same time a year ago. it's all about the timescale you pick.

« wednesday, january 29, 2003 friday, january 31, 2003 »