theobannion

No Risk, No Volatility, No Economy

So, I take it that for you, Ronald Reagan was right - greed really IS good.

Greed on the one hand leads to desperation on the other. Desperation leads to revolution.

I can think of better ways to spend my retirement than ducking bullets. The US has the greatest number of firearms per capita in the world. Unfortunately, too many people don't realize how bad things can get.

Best,
SOB.

Global Market Performance: Nowhere to Hide

Dear Hue101,

Your EWZ has a good chance of bouncing here, as it just tagged its 200 day moving average. Target might be the fifty day MA, about 10 pints up. Then probably down again. Big inflation in Brazil & rest of SA, with increasing interest rates - never propitious for stocks. EWZ has also been underperforming the DJ Wilshire 5000 since late may.

Best,
Seamus O'Bannion.