Worst Wall Street Clichés

[bwolinsky]

A new one I'm quite perturbed by:

<i>The devil is in the details.</i>

I believe a response to one of my youtube videos, the devil is in the wind...etc.

 

[NoDoji]

Quote from pentothal:

Another one: the market was down due to "technical selling". Please explain this to me.

Oh come on, now, everyone knows that "technical selling" is selling that occurs because the market is down.

 

[MarketMasher]

"Diversification"

"Decoupled"

"Level playing field"

"Expert advice"

"Paid a fine but admitted no wrongdoing"

 

[heypa]

Bwolinski " The devil is in the details."
This is from Ross Perots' Third party run for president. He was referring to NAFTA being no good for the United States.

 

[bwolinsky]

Quote from heypa:

Bwolinski " The devil is in the details."
This is from Ross Perots' Third party run for president. He was referring to NAFTA being no good for the United States.

It's also been thrown around twice on CNBC in the last month. Almost like saying, "Good idea! Now go do it."

How about the next one from Obama:

Something like: "if you're in the business of bilking people out of money..." to paraphrase him referring to Wall Street and Financial Reform.

 

[walterjennings]

"Going all in works every time except once"

 

[bwolinsky]

Quote from NoDoji:

Oh come on, now, everyone knows that "technical selling" is selling that occurs because the market is down.

Or selling occuring anywhere below the high for the day, week, month, year, decade, or century.

As an example: "We've seen a lot of technical selling since November 1st, 2007, don't you think so?"

 

[bwolinsky]

"Invest in what you know."

Particularly funny from stock shock the movie.

"I always tell my clients to invest where you put your own money. If you're refrigerator is full of budweiser, you better own Anheuser Busch."

 

[NoDoji]

Quote from bwolinsky:

"Invest in what you know."

Particularly funny from stock shock the movie.

"I always tell my clients to invest where you put your own money. If you're refrigerator is full of budweiser, you better own Anheiser Busch."

Hmmm...could that explain my significant success trading POT this year?

 

[bwolinsky]

Quote from NoDoji:

Hmmm...could that explain my significant success trading POT this year?

I guess if you're a farmer.

"There has never been a better time to own gold."

After it rises from $300 to $1,000

"Gold has outperformed the S&P 500 in the last decade and many analysts say... it's going even higher."

"And with commodities you don't have to worry about things like P/E ratios" from some Lind Waldock commercial.