October 30, 2009 –
I find it humorous that the final trading day of the month, the day before Halloween, finds the fear index jumping up dramatically. I also find it humorous that a bunch of bears come screaming to the front of the line calling for the end of all things bull. But from this rookie's point of view, I see a low volume day on the final trading day of the month with a 2.5% pullback as just a function of the correction we have all been waiting on, folks out there taking profits and re-aligning their portfolios, and freaking out because the media says we should. [more]
October 28, 2009 –
The market sure has a way of humbling a fellow. I no sooner blog about being one of the little guys and how well I was doing as such, and the market decides to go on a bit of a corrective trend. After a little forced rebalancing of my portfolio and a little de-leveraging to protect myself against what could turn even more ugly, I am now only up 13.5% on paper. I have realized about a net of about 20% in gains over the year, so I am not overly disappointed. BUT I do find it amusing how quickly the market can put you back in your place when you step up a little too much. [more]
October 25, 2009 –
A while back, when I started blogging and following TMF, I read a reply that basically put down small investors or folks with very little money to trade with. We were told that trading in such small amounts was a sure route to financial ruin and a good way to lose money. I disagreed with that then and still do today. [more]
August 06, 2009 –
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RELATED TICKERS: AAUK
Not certain, but the best I have heard is that AAUK, Anglo American decided to delist itself and join the ranks of OTC or pink sheet stocks. Not sure why, but apparently, they feel it is a good idea. What I do not know is how the change is going to play out here on TMF. I have not noticed a change in the symbol on my pick, but have noticed that it stopped updating when the change on the market listing took place (it was effective at the close of the market on Friday, 31 July). [more]
July 12, 2009 –
During the past couple of weeks, I have been fortunate enough to take some time off from work. Here are some things that I discovered during that time: [more]
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