I'm glad all these "blue chip stocks" are blowing up. No, I don't enjoy seeing investors suffer, but as I've written about here, here and here, investors need to learn not trust any company or anybody in this business. Investors don't even have to remain invested all the time! Contrary to the advice of fee-earnings-professionals, the majority of whom continually fail to match the S&P 500's returns, you don't have to manage your money like a $500 million mutual fund. Diversification is for widows and orphans!

While it'll probably take me a few years to truly get through to all of you, if you've been invested for any length of time in any company listed below-considering what you've been through-you're probably more likely to believe me:

Merrill Lynch & Co. Inc (NYSE: MER)
The Bear Stearns Companies (NYSE: BSC)
Citigroup Inc (NYSE: C)
MF Global Ltd (NYSE: MF)
E*Trade Financial Corp (NASDAQ: ETFC)
Sirius Satellite Radio Inc (NASDAQ: SIRI)
Bank of America (NYSE: BAC)
Washington Mutual Inc (NYSE: WM)
Thornburg Mortgage Inc. (NYSE: TMA)
Alcatel-Lucent (NYSE: ALU)
Sprint Nextel Corp. (NYSE: S)
Intel Corp. (NASDAQ: INTC)

Oh yes, that's a disaster list. I won't bother detailing their failings, simply put they're all "quality" companies responsible for immense shareholder heartache and pain. Sure, they're mostly financial companies, but that's just the current industry caught with their pants down. Do not think for one minute companies and management teams in other industries are any different. Their time will come when they get roasted for taking on too much risk and not telling shareholders the whole not-so-rosy truth, also known as business reality.

While I tried warning you, did I really expect you to listen to a 26-year-old who became a millionaire trading penny stocks and now writes and teaches for a living? Doubtful. But I'll keep pressing on to help you realize you must learn alternative strategies-hedge fund strategies. Buy and hold is dead.

Now, you must think like this overly cynical short selling penny stock day trader. Do not listen to comments from sugarcoating CEOs, the WWE-like financial media or measly track record-lacking analysts; learn to stay liquid while stalking your investments, striking only you have a perfect shot!

Timothy Sykes writes the blog timothysykes.com, is a former hedge fund manager, star of the TV show Wall Street Warriors and author of the book, An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund