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October 2007



I'm Part of the Problem

October 31, 2007 – Comments (2)

So I've been busy jamming the refresh key for both YahooFinance and the Fed website to try to get a look at what the Fed has decided. Apparently, I'm one among millions and millions since the both websites appear to have all but shut down from the influx of traffic. Why am I so interested? It's not because I think the decision will alter the outcome of the world (or even my portfolio) all that much. I think I may just be drawn a bit to the chaos that comes with every one of these Fed announcements. Everybody waits breathlessly to see what the Fed is going to do/say, then they run around like chickens with their heads cut off buying and selling. It's probably one of the best true examples of the horse race aspect of the stock market -- and there is far more money (short term directional bets, Fed futures, etc) riding on the outcome than any real horserace.  [more]



It's the Final Countdown

October 29, 2007 – Comments (8)

To the next Fed meeting... but there are plenty of other people talking about that. So instead of Fed thoughts, I give you:  [more]

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