Market Watch with Tom Waitt

May_4th_2011.mp3 Nokia Turnaround?    Where should you invest? Mutual Funds have been poor performers over the last 10 years. Gold and Oil stocks look toppy; interest rates of 3% are not enticing. It takes some original thinking and realizing that it is a market of stocks not a stock market.   Nokia Corporation (Click For Larger Picture) Common sense thinking makes investing simpler. If a stock has doubled or tripled it makes sense to be cautious, at the same time if a stock has fallen to a third of its former value caution is warranted. Unless there is fear in a stock, it probably doesn't have great capital gain potential. Occasionally a stock fits into a favourable turnaround environment. Through merger or partnering relationships, things start to turn and the prospects are at least possible. 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