Market Watch with Tom Waitt

September_26th_2012.mp3 Emotions    Despite recent strength in equities the "Mood" has been negative and most funds have extremely high cash reserves. Market Emotion Cycle (Click For Larger Picture) Markets have always moved on emotion, which has caused extreme levels both up and down. Usually FEAR & GREED drives the market but over the last 3 years it has been desperation, panic, despondency, depression, disgust and doubt. Pundits suggest we have turned generations of investors away with lack of performance and a distrust of market integrity. Prior to reaching optimism is a series of rallies with doubt and despondency. Stock markets are a leading indicator for the economy and it appears a shift is coming. By the time the media picks up on this shift of attitude it will have moved the market. There are many opportunities to make money but it requires action on your part, each stock selected must show risk/reward of at least 2:1. Make the call - let me provide you with a unique