Of all the euphemisms investors need to be alert to, the word "volatility," as applied -- or mis-applied, as the case may be -- to stock price movements is one of the most dangerous. It is dangerous because it more often than not conceals, behind the facade of an ostensibly "normal" fluctuation in price, a rather different reality.
This reality is: protracted DECLINE. The euphemism "volatility" is often employed by those who make a living selling, managing, or writing about stocks to render palatable the most unpalatable of all developments: A BEAR MARKET.
Register for an account now
