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John Stanley Szymanski, Jr. [Preisdent] started his career in the financial industry at Allstate with over eight years of experience in property and casualty, holding the respective licenses. John furthered his career as a financial advisor and registered representative with New England... More
My company:
John Stanley Financial
My blog:
In The Financial Loop
  • “Unusually uncertain” economic times? 0 comments
    Jul 28, 2010 5:08 PM | about stocks: UDOW, DJ, SDOW

     Reading Between the Lines

    What CNN calls fear of economic unknowns, or what Bernanke calls "unusually uncertain" times
     (CNN unusually uncertain times") , we at ODA  ( simply see this for what it is: down trending markets. 

    Of course this is not limited to just the DOW Jones, but encompasses the greater portion of our global economy. Rearing its ugly head in the form of a major Cyclical Bear Market.

    Now during this tumultuous time, markets will go up and down, yet there will be plenty of profit made by certain individuals. However, for the most "savers" or "investors" this will simply be a way to lose their shirt.


    This does not mean that there is no way to protect yourself or for the average person to make a profit. The change though is that the "buy and hope" strategy that worked for so long will not earn you money going forward. The new requirement will be for true diversification, not limited only to the Dow Jones, blue chip stocks, and Wall Street's flavor of the month mutual fund.

    If you are ahead of the curve and a savvy trader, you may have already figured everything out. But if you are a regular investor who does more

     than watch markets all day, I would not depend on your local broker to have your best interests at heart, especially when they are making a commission off what they are advising you to purchase.


    As Dylan so appropriately said “These times they are changing...”. If you care about your money, you need to take action. The following are action steps to take to preserve and grow your money:



    (continued at one dollar

    Disclosure: No positions
    Stocks: UDOW, DJ, SDOW
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