Barrington’s Blog » 2009 » May: "There is money to be made folks - just keep your eyes and ears open to see and hear them. And most importantly, keep your mind open. With so much volatility in the markets, there is ample opportunity to make short term and long term profits if you are up to date with what’s going on. Search for companies who are undervalued (which is almost all of them right now) and buy and hold them for long term profits - for instance you could buy Ford today for less than $6! Buy this stock and hold it for long term profits.
If you want to make short term profits - then get in the markets and ride the waves! With so much volatility you can jump in and trade the futures, trade options, or just buy large quantities of stock via margin trading and sell when the stock goes up a dollar or two. As a rule of thumb - when the markets surge up 100-200 points on the DOW in one day, just know that the next day usually means it will come crashing back down. Learn how to buy before the surge, and sell before the crash.