Worst Wall Street Clichés

Quote from schizo:

The market is ALWAYS right. (my ass!)
Elephants are always right.

Rhinoceroses are always right.

The guy with the gun is always right.

The market is always right.
 
not a real cliche but when Ben testified before the senate, we got to do something about this huge debt, isn't that ironic, sort of like after someone screw you in the back and say we got to do something about that rip
 
This might be more of a truism than a cliché.

Opportunity abounds everyday.

Or better yet...

Best opportunities are found in times of turmoil.
(Traslation: Others' misery is your best friend. :D)
 
Quote from Pekelo:

"Sell in May and go awa..." oh wait a moment, that is not a cliche, that is sound advice!

No one ever tells you when to get back in. It's a cliche because while this anomally does happen regularly, it seems everyone just assumes you got back in at the low. No one has come up with any other axiom to re-enter.
 
Quote from bwolinsky:

No one ever tells you when to get back in. It's a cliche because while this anomally does happen regularly, it seems everyone just assumes you got back in at the low. No one has come up with any other axiom to re-enter.

In early February, on Groundhog Day, Punxsutawney Phil climbs out of his burrow. If he does not see his shadow, the market will experience an early spring (get it? market...spring, heh heh). In that case the exact date to begin buying again is March 4th (get it? march forth, heh heh).

All right, someone cut me off before I hurt myself.
 
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