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Buying on Rumor & Selling on Fact?

A quotation from a Yahoo Finance video with Sam Stovall–Chief Equity Strategist with S&P Capital IQ:

“In the near term we will end up buying on rumor, selling on fact.”

Sounds like a great plan.


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Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.