Bear Market Analogy

Pretend for a minute that your mental fitness is proportional to your physical fitness. Also assume that a bear market is very much the same as some type of wacky amusement ride. Then what you are left with, my friends, are those who can handle it, and those who can't.

Not Much, Not Much

I haven't posted anything in over a week because I have lost interest at the moment in global equity markets. Go lower? Go ahead. Go higher? It's about time.

Since I am almost entirely long right now the only action I watch for is a unprecedented pop in one stock to sell into to buy another cheap one. That's about it right now.

Holiday

I'm sitting here reading some academic crap I probably already know waiting for the market to open and BLAM! I sign into my brokerage account to see US exchanges are closed for some holiday.

Sure Canadian markets are open but they're not going anywhere without Papa States. Until tomorrow Papa.

To The Lost Ones..

This one goes out to all my fallen comrades. When you have nothing left to lose, you have nothing to fear. You are free my friends.

I am a bottom caller

I am calling the bottom or damn well near it in BAC. It's fear that sparked the sell-off and the scent of fear drew short sellers to pile on. If I wasn't already broke I'd buy more. Out of spite.

But for now I'll just wait it out and learn a valuable lesson one way or the other.