SteveTheHawk

A Look at Buckle: Fundamentals Don't Matter Anymore

I agree that fundamentals are taking a back seat in decision making when it comes to investing. When fear is rampant, little else matters. I think we are at the point of searching for bad. The market seeks out, and sometimes invents, reasons to sell.

Anyone looking to make money in this market has to become something of a trader. "Investing" doesn't make much sense unless you want to wait a good five years in hopes of making money. Stocks dropping and/or rising 10-30% in a given day indicates that this is a trader's market.

And by the way, in your first paragraph about Buckle, you said "The market could care less about any positive news". I assume you meant to say "COULDN'T".