I don't dislike it. I just like it a lot less than almost every other segment now.
The world's crises are the new operative backdrop. If you can handle the heat, trade stocks that have nothing to do with the Middle East, oil or Japan.
When markets are gripped by crisis and inflation is on the horizon, it's your only choice.
The disaster in Japan likely means the end of nuclear energy, in the US and abroad, and a greater reliance on natural gas.
The disaster dovetails with the current end-of-the-world thesis.
Chinese growth is slowing, European countries are struggling to emerge from debt, and expensive gasoline could damage the US economy. If oil doesn't sink soon, we could be in for trouble.
If you jump into the stock now, you'll be at the mercy of the naysayer news flow.
VIDEO ON MSN MONEY
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The apparel chain takes a hard hit after blaming the weather for its quarterly sales decline. But cold temperatures don't explain the drop in full-year sales as well.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Even when they have a plan for their refund check from Uncle Sam, Americans often don't realize how they actually spend the windfall.
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