Important: TGT, WMT, DIS, Banks.

From Greg M

Lions…

As of late I have said BUY THE DIPS with banks, DIS, WMT, TGT, and a few others. I also said that these are long term investments which pay dividends. I also said that if you were so inclined you could set up credit spreads and or sell WAY OUT of the money puts against them.

I ALWAYS discourage you from BUYING options unless you are 1. VERY proficient at buying options and 2. Are hedged- yet some people do not follow my advice, lose, and then blame me….

With ANY of my stock suggestions, has a single one of you heard me say that an imminent rebound would occur? How many times have you heard me say that “we are not in the business of picking tops and or bottoms.”

I am bring all this up because some people, I suppose, were expecting these to miraculously rebound higher immediately after I suggested buying them on the dip.

Trading is not a business for everyone, and oftentimes one must be patient and allow a trade or investment to pay off.

I STRONGLY suggest that those of you who are unhappy with my stock suggestions/buying the dips stay out of the market, because obviously your understanding of what investing is and how trading works is putting you in a bad spot. Perhaps some of you are playing with scared money? Playing with scared money is a sure fire way to lose in this business.

Investing/Trading involves financial risk.

GM