Why You Should Be Buying Right Now
October 30, 2008
The bulls are finally back! The Dow raced ahead 889 points on Tuesday for its second-best point gain ever. Those gains held yesterday, as the Federal Reserve gave investors another huge boost by cutting interest rates by 0.5%, and we added another 190 points on to the Dow’s total today.
This is excellent news and it signals that the vicious bear market is likely running out of steam. In this week’s issue of What’s Working on Wall Street Now, I want to show you why this is the time to get back in the market—and more importantly, what kinds of stocks you should be buying.
I have to warn you: A rising tide will not lift all stocks. For the fundamentally weak companies out there, the recent sell-off is only the beginning of the pain. I expect to see more banks, automakers and airlines either merge or go out of business. But for a select few stocks, I see a very strong rally lasting for the next several months.
To get you ready for the new investing climate, I’m offering a special discount price to my Emerging Growth service. You can sign up now for three months for just $99. That’s 66% off the normal Emerging Growth price.
Your Emerging Growth subscription includes access to our Website, earnings service, hotlines, Q&A and of course, our legendary Emerging Growth Buy List. You’ll soon learn why Emerging Growth’s track record has become the envy of Wall Street. Over the last 23 years, our Buy List is up over 50-fold—we’ve turned nest eggs of $20,000 into large-scale portfolios of over $1 million! Our track has more than tripled the rest of the market, and best of all, we’ve done it consistently and with low risk. Here’s how:
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