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brickcityman (< 20)

Run for the Hills!!!



March 18, 2011 – Comments (9)

If this isn't a bad sign for the market then I don't know what is....



9 Comments – Post Your Own

#1) On March 18, 2011 at 4:13 PM, Valyooo (33.93) wrote:

It went from "sell" to "neutral" in 09, when it should have went from "Sell" to "buy like crazy"

In 08, it foreshadowed the financial crisis...which had been underway since late 07

Crappy index

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#2) On March 18, 2011 at 5:18 PM, SweetMircha (77.77) wrote:

If you own great stocks that pay great dividends and, the market takes a tumble; you should increase your holding of your golden stocks.  Be a bottom feeder like me.

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#3) On March 18, 2011 at 7:50 PM, amassafortune (29.15) wrote:

The title and opening text of this blog do not give a clue of the subject matter. Luckily, I was a little more curious than usual and went to the article "Harvard MBA Index Flashes SELL Warning".

It would be interesting to know if MBAs, Harvard MBAs, baristas, or any occupational segment does better at investing.

Heck, it would be good to know if economists are really the best segment from which to recruit Federal Reserve chairmen. For instance, when people quit their jobs to enter real estate flipping full-time (2005 article), you know you are in a bubble. Yet, when hearings are held on the matter after a crash three years later, top economists claim there was no way to see it coming. Now, we are in a risky plan to prop up various currencies, regimes, markets, and commodities, and we are told that we could not possibly understand without advanced mathematical and statistical knowledge.

It's pretty obvious that when humans try to build cities below sea level, nuclear plants in zones of high seismic activity, or semi-secret money supply institutions based on public trust, it's only a matter of time before natural forces reveal their inherent weakness.  

The most successful traders and investors probably understand the psychological element of markets best. Buy when fear enters the irrational zone, and sell when complacency is embraced by the masses. 

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#4) On March 18, 2011 at 11:58 PM, Valyooo (33.93) wrote:

I have heard that engineers are the worst investors (I bet Babo would disagree) followed by doctors.

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#5) On March 19, 2011 at 1:11 PM, TMFBabo (100.00) wrote:

@Valyooo: Lol.  That might be true, actually.  That doesn't mean all engineers suck, right? Just more of them than with other groups.

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#6) On March 20, 2011 at 11:18 PM, Valyooo (33.93) wrote:

Of course they don't all suck.  Just the ones are Philly fans ;)

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#7) On March 21, 2011 at 12:53 PM, brickcityman (< 20) wrote:

@ Valyooo  ...  ahh so that's my problem!!!!  ... or at least a good excuse.

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#8) On March 21, 2011 at 12:54 PM, brickcityman (< 20) wrote:

To clarify... I am not now, nor have I ever been, a Philly fan

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#9) On March 21, 2011 at 1:23 PM, TMFBabo (100.00) wrote:

Sticks and stones....*sob*

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