The World's Worst Stock Picker

The Shallowest Generation

Best article I read in Seeking Alpha. It is up to my fellow Gen-X ers to clean the riff raff.

Will We Know When We've Made a Low?

I think the lows of the 10th were succesfullyt tested. i moved a third of my cash in my 401k to stocks funds (except commodities). I think that we are closer to the bottom that to the top. My mental stop is the lows of the 10th on a closing basis. I also bought a covered call on ford today at the open with the intent to keep it for as long as possible or until it breaks the low of 1.88. The risk/reward was too high to pass. The premium a received for the call was more than 10% of the price of Ford at the open. I think is a win win. If I am wrong, I am wrong small.

Chasing Unicorns: The Cycle Gods Are Still Playing with Us Mere Mortals

Agreed, stops or hedging are important in a sound investment strategy.

Cramer: Dow Could Drop Another 14%, Oil's Going to $50

I agree The DOW will be at 8300 very soon. It has blown through all support levels with ease (10000, 9500) on high volume. The vix indicates that the capitulation is coming soon, but there could be more damage to be done before this happens.

Bailout Bill Passes; What Happens Now?

Amen! The volume of the DOW on Friday leads me to believe that we will hit the 10,000 level of 2005 very hard. If the volume does not decrease we can see DOW 9500 easily. And pray it stops there because the next level of support is at DOW 8000.

Think of These as Short-Term Troubles

The problem with credit is that a lot of people that had good credit three years ago might not have it now because they could have been foreclosed, might be unemployed, might be late in payments. I had two credit card companies close credit cards accounts because I was not using them. That was more than 6 months ago.

Think of These as Short-Term Troubles

I am reading the book world War Z by Max Brooks. I know I know it is about zombies and the end of the world. But hey, we have zombies called the government. They are out there to eat your alive. Take your machete and run!

Fiat currency economies only last 75 years. We are halfway there.

Bailout Talks Lose Sight of the Cost Question

Some of the problem of valuing these assets is that some of them are bundled securities that might not have a collateral. The Congress is not saying who is going to value them and what those might contain. It is another opportunity to grow the government.