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Greece! Oh my goodness, did you hear about Greece?! There’s a debt problem over there. And it might lead to contagion. You better sell your stocks right now because of this Greece contagion risk. Oh wait. My bad, I was watching a replay of CNBC from two weeks ago.
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“Those who cannot remember the past will spend a lot of time looking for their cars in mall parking lots.” – Jay Trachman Good morning and welcome back to the world’s biggest shopping mall. Make sure you’ve got your wallet in your front pocket. The markets are down a
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Monty Roberts, the great horsewhisperer whose autobiography I am currently reading, talks about how horses are “lean into” animals. That is, they lean into pressure. You want a horse to turn left, you don’t get a team of wranglers to push him on his right side — you can simply,
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You said you were hurting, You almost lost your mind Now the man you love, he hurts you all the time but when things go wrong, go wrong with you It hurts me too — Elmore James And the Nasdaq is now up more than 3% on the day as the
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I know it’s only been six days — four trading sessions since I first asked you guys to weigh in on the question: “Who’s more scared right now, the bulls or the bears?”. At the time, last Tuesday, the DJIA was below 11,000 and I got about 100
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“Mental toughness is many things and rather difficult to explain. Its qualities are sacrifice and self-denial. Also, most importantly, it is combined with a perfectly disciplined will that refuses to give in. It’s a state of mind-you could call it character in action.” — Vince Lombardi Impressive rally so far
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It’s a brand new week. And the markets are up again. Last week, when we were under DJIA 11,000, I wrote: I do think we’re getting closer to bottoming sooner rather than later. I’ll rephrase — I think this market might finally be putting in a bottom
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The markets have reversed their selloff and are trading up nicely for the day. Here are my positions heading into the weekend, as I hit the road to go flyfishing with my father once again: Longs – * Google * Sandisk * Apple * Riverbed * Cisco * Marvell * Nuance * Microsoft * Cypress * Autodesk * DBA * Ciena * Corning * Visteon
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Good morning and welcome back to weight room. The markets are down 1%, back to about the 11,000 level on the DJIA. Recall that I’ve been saying this week that I think we might finally be bottoming somewhere here between DJIA 10800 and 11000. Despite — or indeed partly
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Got a chainsaw buzzin’, Who’s that cussin’ Eyes start blinkin’, The boys all start their wishing Left holdin’ the bag again, Burying it at both ends Don’t believe she’s a friend Thick, thick & thin Let it loose now, let it go to the wind — Black Crowes
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The markets have stalled at about 1% lower here and are, if anything, trying to keep from fading another 1% or so. Anything less than a 2% move would probably be a victory for the bulls, at least according to my old “dislocations” theory — A dislocation being anytime the market
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A pullback in the markets, but not a panicky rush for the exits. Maybe we really are getting past the overdriven emotions that have been dominating the marketplace. I’ve not done any trades again today — two days in a row. And that’s mainly because most of these stocks
