almansor

A Word of Caution on Double Bottoms

On a much grander scale of decades, we are actually coming down from a double top: the first top was in about March 2000, the second top was in about June, 2008. That is the problem with most market touts: they never specify a time scale. When they recommend something, they never specify a price, a time scale, or a suggested value for a stop loss. (They are never, ever, wrong, so you don't need a stop loss, right?)

The Titanic is sinking, but the passengers are too busy gambling in the casino to notice.

Five Wall Street Whoppers That Got Us Where We Are

This article is unpatriotic and subversive of the economy. My broker told me so! The author can expect a visit from Homeland Security and a free vacation in Cuba (with enhanced interrogation services for no extra charge).