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if in doubt, stay out...

  1. dickie3times
    490 Posts.
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    06/05/11
    08:44
    Post #: 8362255
    ..or, when in May, stay away! Many contrarian investors became rich on this fallacy...buying when every one was selling. Warren Buffet and John Templeton did just that and became billionaires.
    I prefer...When in May, MAKE MY DAY! top up time is not far AWAY!

    http://www.investopedia.com/university/greatest/johntempleton.asp

    http://www.theaustralian.com.au/business/iraqi-oil-production-cutback-plan-adds-to-global-supply-fear/story-e6frg8zx-1226050749186

    http://www.rangeresources.com.au/fileadmin/user_upload/asx/ASX_Announcement_s708_Notice_050511.pdf
    RRS Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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