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Tag Archives: Guidant

Greedy — Or Just Plain Smart?

I’ve slowed my stock buying way down. We’re probably within three to four weeks of a significant market top, and I’m expecting lower prices across a wide range of merchandise in the New Year. Yet a few bargains do keep cropping up — the latest, courtesy of an incredibly dumb article in the Wall Street Journal.

They Did the Right Thing — Part Two

It’s amazing. The wave of corporate scandals in recent years — and the multibillion-dollar lawsuits, to say nothing of jail terms, that resulted — really seem to have changed the mindset of corporate managements everywhere.

THE FIRST HAIRLINE CRACK

Stocks tried to push ahead to new highs for the year this morning (basis the S&P 500). But shortly after noon ET, buying dried up. Given the technical cautions I’ve shared with you in recent days, this may be the start of the 2%-4% pullback I’ve been expecting.