It’s like washing your car; a clear blue sky will turn grey and rain.
I sold out of stocks yesterday -> DJIA up 256 (3%) TODAY.
I told you to buy.
July 17, 2009
July 15, 2009
July 14, 2009
Feeder Bands
Well, we are almost unwound from equities positions today. I maintain that the periods of good news on the news are just the gaps between the feeder bands of the economic hurricane that’s coming.
(Yeah, I AM a lot of fun at parties.)
July 12, 2009
Buy, Buy, Buy!
I’m in the process of getting out of equities and into money market / cash equivalents.
That, of course, means that the equities markets have reached their 25-year bottom. If you are prone to taking financial advice from random strangers on the Internet, then, based on my near-perfect record of failure as an investor: BUY!
July 8, 2009
What’s Wrong With This Picture?
You'll shoot your eye out!
(Hint: Look closely at the muzzle.)