March 09, 2009 –
You've heard it over and over again - everyone from the brothers Gardner to Warren Buffett - be a long term investor. In fact, Mr. Buffett even made a statement that at the turn of last century (1900) the Dow was at 66 and today it's at 6,600. [more]
November 26, 2008 –
As per my post yesterday, the S&P finished the day in negative territory. Forget that the DOW finished slightly up, it's a basket of 30 some odd stocks that isn't truly reflective of the economy as a whole. The S&P 500 was down, but only slightly. Expect ups and downs for the next few days, but no breathtaking move to the upside that would have happened with a positive finish. [more]
November 25, 2008 –
I would love to tell you the stock market is about fundamentals, but it's about cycles. Yes, good companies with strong growth potential can be discovered and used to make hefty profits, but it doesn't take a genius to see that the history of our markets is about booms and busts. [more]
November 24, 2008 –
I just sold my SSO position at 24.30 which I picked up for 18.88 on Friday. I don't care who you are, if given a 1 day 28% gain take it - do NOT be greedy. That one day move is good enough for a YEAR, don't be a fool (little f) and watch it evaporate, then sell at a loss one month from now. [more]
November 24, 2008 –
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RELATED TICKERS: SSO
As per my Friday 1pm Blog, I'm taking this time to simply toot my own horn and reposting my Friday 1pm call: [more]
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