Wednesday, January 07th, 2009

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Wednesday, January 07th, 2009

Archive for November 2007

Contrarian Investing Approach: How To Avoid Market Landmines When High Expectations Crush Stocks

Nov 2nd, 2007 | By Marc Lichtenfeld | Category: US Stocks

Contrarian Investing Approach

When the moment is right, will you be ready? A lot of men are about to be. Any time. Any day. Every day, in fact. That’s because the Food & Drug Administration is expected to grant Eli Lilly (NYSE: LLY) approval for a daily version of its erectile disfunction drug, Cialis. This comes after the European Commission approved it in June.

Okay, first things first: Who the heck are these guys married to? Seems to me they have lofty and unreasonable expectations!

But it’s not just in the boudoir where expectations are high. The stock market lives on expectations. And at this time of year, many of them are unreasonable, too. For investors like us, it means we have to…