Market Watch with Tom Waitt

February_8th_2012.mp3 Emotional Outburst    Market emotion is turning positive. Despite media reports of a bankrupt Greece and rising tensions over Iranian nuclear development and Syrian suppression of another Arab spring. Market Emotion Cycle (Click For Larger Picture) Markets have always moved on emotions, usually FEAR & GREED, but over the last 3 years it has been desperation, panic, despondency, depression, disgust and doubt. It appears we are gaining confidence, with confidence you can reach truly amazing heights; without confidence, even the simplest accomplishments are beyond ones grasp. Stock markets are a leading indicator for the economy and it appears a shift is coming and optimism is slowly building. By the time the media picks up on this shift of attitude it will have moved the market. This is a trading environment and requires active management. There are many opportunities to make money but it requires action on your part, each stock selected must show risk/rewar