ArtfulDodger

Dispelling Myths About the Stock Market and Precious Metals

I keep telling all the sages who claim to be able to pick the direction of markets over the short term to open a futures trading account. They can make more than Buffett ever dreamed of having---if they can actually pick market direction accurately.

No one so far has done so. But still, everyday another article telling us the direction of markets over the next month, week, or even the next day.

I mean I wouldn't give you two cents for volume, the Vix, the average price or anything of the type.

Find me a good company with good management, good products, good margins, with growth potential---and I'll give it a chance with my little investment.

To hell with trying to figure the machinations of market direction; it's a worthless endeavor, as far as I'm concerned.

Report from Europe: U.S. Close vs. China Rebound

Aside from the technical jargon (which I simply do not understand), another very good run down on major world markets.

Go Mole! Thanks!

Pension Underfunding: The Next Earnings Shock?

Even if you cut in half the numbers TD presents, it's a certainty that many of the US's largest companies have a serious problem, and it's the same one that the rest of the nation has: debt.


Indeed, debt got us into the mess we're currently in, and the government is using debt to get us out.

I would imagine that many of these companies will borrow to start up funding their pension requirements.

Sometime, somehow, this must stop.