Hilary's trend detection tips 2, 3, 4
...continued from yesterday...
…continuation of discussion about Hilary Kramer’s Ahead of the Curve: Nine Simple Ways to Create Wealth by Spotting Stock Trends
Trend Tip 2: Think like Nancy Drew, girl detective! Notice what you yourself and other people are buying. Find out who makes and who sells the stuff you and other people buy. Buyers to keep a special watch on are teenagers, celebreties and your neighbors.
Trend Tip 3: Psych 101. Pay attention to news headline themes and advertising about living heathier and living longer; about products and services that purport to make people feel better about themselves.
Trend Tip 4: Distinguish a trend from a short-lived fad.
...continued tomorrow...
Copyright 2008 Raymond T. Lee. All rights reserved.
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