AAPL, BAC, GLD: Lessons in Selling Excitement, Buying Fear
Very eventful morning in the market. The whirlwind started last night with Steve Jobs' resignation and continued this morning with Warren Buffet's $5 billion investment into Bank of America Corp. (BAC). We all know that excitement is to be sold, and fear is usually bought, and those ideas worked to a T with those stocks following their big announcements.
Strength in the banks the last few...
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