How To Suck Your Own Peinus

a break during the summer will be good.

First, stock markets are acting now so completely irrational. In those moments, I watch what I have in portfolio and I ask myself the following questions:

• What are the events that could justify a reduction in value of the title?
• If the price has already dropped, is it rational that the decline?
• Conversely, does an increase is correct?

When I say that markets are irrational, I mean not just that we have suffered declines in recent weeks. Indeed, some titles have been planted with the market and instead mounted. On the other hand, some titles are unrelated to current macroeconomic problems and have suffered a huge drop.

Take the latest results from Research In Motion (RIM). The company announced its results last Thursday. Sales are up 45% from last year, but 2.5% below analysts' expectations. Profits are up 20% from last year ... and 3% above expectations.

So, revenues are growing weaker, but profitability is present. According to the results, the company has sold fewer than anticipated BlackBerry by analysts, which explains the lower income.

Such results are negative? Not according to me ... but the markets have dropped the title of 11%.



So I take a break for the summer. It could be that I write a comment or two, but it should not have many activities here in August.

good summer.