Yes, the trend is always your friend my fellow investors, but it can also be your enemy. Knowing when the trend has turned into some sort of market bubble will help you prevent huge losses to your portfolio and other financial assets. The two industries in focus right now are the financial and the oil and gas indutry . Which group is a potential bubble, a bubble about to burst, or a bubble that has already burst is the million dollar question of the day. In previous articles, I spoke of building a long-term bank portfolio because I believed that many bank and financial stocks were beaten down sufficiently enough to take another look at the sector. We started with BBT Corporation ( BBT :$32.73), iShares Trust- Dow Jones US Fin Sec ( IYF : $81.70) and JP Morgan ( JPM : $42.32). Our fledgling bank portfolio of three stocks was up by 3.01% as of 5/11/2008 but is now down over the last trading week of 5/19/2008 by about -2.64% . Do we continue building our bank portfolio or do we tak...
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