Friday, February 20, 2009
Death
Each day I summon up enough courage to look at my wreck of a portfolio. I then muster up enough strength to convince myself that stocks are worth buying. Then the market goes lower and I do it again the next day. At least now I have no fear of god, for I am in hell. Only one thing to do in hell; keep going. Yes I know I ripped that of Churchill.
Thursday, February 5, 2009
Rock Bottom
It's feeling very foolish of me to have bitten off more than I can chew with this whole investing biz. If you like to gamble you might like to take a look at the price and volume action in BAC, it's kinda bullish, just sayin'..
Be forewarned, you could wind up like me walking around public places listening to eminem beats getting ready to stab someone.
Be forewarned, you could wind up like me walking around public places listening to eminem beats getting ready to stab someone.
Monday, February 2, 2009
Options
I'm thinking about getting into options trading. Why? Why the hell not. If I'm going to gamble in the stock market mind as well do it big.
Seriously though, considering my peanut size account, age, and arrogance I am not exactly risk averse. I almost want to study the theory behind derivatives. Almost.
Instead I'll just start watching the price changes and read up on everything practical for derivatives.
Seriously though, considering my peanut size account, age, and arrogance I am not exactly risk averse. I almost want to study the theory behind derivatives. Almost.
Instead I'll just start watching the price changes and read up on everything practical for derivatives.
Thursday, January 29, 2009
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.
Tuesday, January 27, 2009
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.
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.
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