Wall Street Breakfast: Must-Know News [View article]
GS and Dark Pools - your money needs a tar pit to get lost in.
India begins exit - yes, emerging markets are ahead of us.
China predicts growth ahead - you predict what you need, "fake it till you make it"...and so your population doesn't revolt. They're green bamboo shoots over there, they just need a commentator named "Rarry Rudrow".
New IRS unit - almost funny. We put a tax cheat in charge of the Treasury, and now have a "crack" unit? Think they'll go after Soros? (NOT). 10 to 1 they go after anyone not towing the party (progressive) line, or conservative talk radio hosts. Comrades!
GE selling alarm and fire unit - hmmm...GM sure seems to be selling a lot of itself, NBC Universal, alarm unit, perhaps GE capital is insolvent?
Housing down today, crude inventories up; there is not a consumer recovery, and the market has been decreased dollar and FED liquidity and purchase of debt.
Time to take your profits - better to be early than lose if you've been in on the cotton candy and popcorn rally.
More Investors Are Saying Bye-Bye to Buy and Hold [View article]
Agreed.
If you figure the cost of trying to follow the market, and I mean emotional cost, it is a losing game short or long term.
It's like living in a casino.
Is it any wonder things are collapsing?
The people at the craps table always get drunk and blow their wad sooner or later; except the rest of us are trapped there with them.
Let me out, please.
On Apr 10 08:58 AM prudentinvestor wrote:
> I have been mostly a buy-and-hold investor for over 30 years. I have > been fortunate to ignore the bubbles, and hardly bought any stocks > since 1996, except for going all-in iduring the 2002/2003 "correction" > and starting in mid-2008 again. > > However, I now find myself trading a lot more than I'd like or want, > and spending more time on my investments than I'd like. The fact > is that stocks may return 7-8% per annum on average. The market now > moves +/- 5% in a day, and by +/-20% every few weeks. This means > that your typical 3-year return can be made or lost in a few weeks. > So buy-and-hold, if not dead, is certainly very questionnable in > this environment.
Wall Street Breakfast: Must-Know News [View article]
India begins exit - yes, emerging markets are ahead of us.
China predicts growth ahead - you predict what you need, "fake it till you make it"...and so your population doesn't revolt. They're green bamboo shoots over there, they just need a commentator named "Rarry Rudrow".
New IRS unit - almost funny. We put a tax cheat in charge of the Treasury, and now have a "crack" unit? Think they'll go after Soros? (NOT). 10 to 1 they go after anyone not towing the party (progressive) line, or conservative talk radio hosts. Comrades!
GE selling alarm and fire unit - hmmm...GM sure seems to be selling a lot of itself, NBC Universal, alarm unit, perhaps GE capital is insolvent?
Housing down today, crude inventories up; there is not a consumer recovery, and the market has been decreased dollar and FED liquidity and purchase of debt.
Time to take your profits - better to be early than lose if you've been in on the cotton candy and popcorn rally.
Wall Street Breakfast: Must-Know News [View article]
And the band played on.
Does anyone really and truly believe we are "turning a corner"?
Or are we just ginning the market up so the banks and traders can make some more cash before we hit 12% nationwide unemployment?
More "irrational exuberance" more accurate?
Things are down -66% but that is "less bad" than the 69% predicted so everything is better now?
I feel like I'm at the Mad Hatter's tea party...
More Investors Are Saying Bye-Bye to Buy and Hold [View article]
If you figure the cost of trying to follow the market, and I mean emotional cost, it is a losing game short or long term.
It's like living in a casino.
Is it any wonder things are collapsing?
The people at the craps table always get drunk and blow their wad sooner or later; except the rest of us are trapped there with them.
Let me out, please.
On Apr 10 08:58 AM prudentinvestor wrote:
> I have been mostly a buy-and-hold investor for over 30 years. I have
> been fortunate to ignore the bubbles, and hardly bought any stocks
> since 1996, except for going all-in iduring the 2002/2003 "correction"
> and starting in mid-2008 again.
>
> However, I now find myself trading a lot more than I'd like or want,
> and spending more time on my investments than I'd like. The fact
> is that stocks may return 7-8% per annum on average. The market now
> moves +/- 5% in a day, and by +/-20% every few weeks. This means
> that your typical 3-year return can be made or lost in a few weeks.
> So buy-and-hold, if not dead, is certainly very questionnable in
> this environment.