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16 Wall Street Cliches in 60 Seconds

16 Wall Street Cliches in 60 Seconds

Pundits say a lot of things about the markets. Let’s see if you can keep up.

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Please refer to our transcription below if it is easier and/or more convenient for you:

  1. Buy the rumor and sell high because
  2. there’s no such thing as a free lunch.
  3. Prediction is difficult
  4. but never catch a falling knife.
  5. Cut your losses,
  6. no one ever went broke taking profits.
  7. As Mark Twain said, “October is a peculiarly dangerous month to speculate in stock. The others are July, January, September, April, November, May, March, June, December, August and February.”
  8. Sell in May and go away.
  9. Bull markets climb a wall of worry and
  10. bear markets decline on a slippery slope of hope
  11. but remember pigs get slaughtered
  12. and everyone looks like genius in a bull market.
  13. Be fearful when others are greedy and greedy when others are fearful.
  14. Just make sure you don’t fight the tape.
  15. When the tide finally goes out, you’ll find out whose been swimming without a bathing suit
  16. and make sure you know where your money is at the closing bell.

Confused? Give us a call and maybe we can help.

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