In a bear market you need to understand that overcoming emotions is critical to successful investing. In this episode Mary Ellen McGonagle (MEM Investment Research) and Erin Swenlin (DecisionPoint.com) walk you through the "rules" for investing during bearish times.
While the markets are still volatile Erin Swenlin (DecisionPoint.com) and Mary Ellen McGonagle (MEM Investment Research) talk about being proactive in your investing. They also expound on how sometimes taking no action can be the best strategy.
This week Mary Ellen McGonagle (MEM Investment Research) and Erin Swenlin (DecisionPoint.com) talk patience as a virtue, and how to use rules, system and precedents to help keep that patience during a rocky market period.
Host Erin Swenlin takes you through step by step on how to select new momentum stocks in strong sectors and industry groups. Afterwards, she explains how you can time your entry to get the most profit.