There is an unofficial rule in the stock business called the “Odd Lot Theory”. It states that when small investors buy into a stock it’s a sell signal. A “small investor” is defined as someone who buys small lots (hundred share orders rather than thousands of shares) or odd lots (less than one hundred shares).

There are a number of health care reform plans on the drawing boards right now, and they all seem to come with mind-numbing sticker shock. The administration’s new plan and Senator Kennedy’s plan are both estimated to cost $1 trillion over 10 years.

In late 2002, I recommended buying a way to play high-yield bonds, for the first time ever, in my newsletter, True Wealth Our timing was excellent.