Razor

15 Notes on the Current Market Stress

"14) Looking over some of my indicators, it looks like we are close to a bounce. It feels a lot like January of 2008. So, is it time to buy? I’m not sure, but I am adding little by little to my stockholdings. I’m probably going to up the equity percentage in some of my accounts where I have few options (old job Rabbi Trusts)."

As for those Rabbi Trusts you have, are they with solid companies?? I just had a huge Rabbi Trust holding wiped out because my company went bankrupt. Hopefully you are aware that one of the conditions for setting up a Rabbi Trust is that it must be made available to all the general creditors of a company in the event of Bankruptcy.

In a time when companies are failing and there is all kinds of talk of Bankruptcies I would highly recommend moving your money OUT of Rabbi Trusts unless you're 110% positive the company is solid and even then hedge your bets and move some out. Don't let happen to you what happened to me!

Hydrocarbons to Electrons: How Long Will the Transition Take?

no need to turn the aircraft carrier around... those are powered by onboard nuclear reactors :)