What goes up, must come down, but not always in the stock market. Too big to fail traps are all over. Believe me. I fell for one. Or three.. The biggest disappointment was Viacom (VIAC). Media consumption was and is running wild. To watch this stock go up to $100 a share, then plummet to $40 was a dream come true. Even if it only got halfway back to its high this was going to be a huge payday. Then it stayed down. Then pushed down a little more. 5 months later and it's still $40. Shouldn't it have grown since then? This new climate is full of (among other things) trending bull and bear manipulation. It's almost as if a stock makes a decent move, whether up or down, then the institutions dog pile on it and either drive it up ridiculously or drive it down the same fashion. Eventually earnings etc. should at least help correct, but 5 months?? One lesson I learned from these movements is to wait until confirmation of a reversal has at least 3 points of confluence before jumping in. Sideways money doesn't make money and it ties up your money from making more money. Hustling backwards.
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