Did you see what happened today? One day and folks on CNBC went from "sell sell" to "hey maybe its time to build up a position." This is funny because you need to ask yourself, what happened? After all we had market technicians saying, "the world is coming to an end." In my previous Bull in a Bear...
Read More →Cramer talked about ABB and selling ABB into a rally because you can pick up ABB cheaper. In fact you hear it everywhere. Sell into the rally. Is it right to sell into a bear rally? I decided to pursue this using numbers and came to conclusion that selling into a bear rally is wrong. This is based...
Read More →At the FT.com there is an article with insight that says: Commodity bull run has a long way to go. > With oil again nudging $100 a barrel, platinum above $2,000 an ounce, and even coffee, cocoa and tea at multi-year highs, the commodities market may appear overly exuberant. There are, however,...
Read More →The PPI report came out today. While we are doing better than Zimbabwe, things are still a little scary. I was having dinner with Chris last weekend, and I expressed concern over US inflation. He asked me what the numbers were, and I didn't have them handy. Here are the numbers from a MarketWatch...
Read More →Do you know how to average down? Ever given averaging down some serious thought? Cramer says that you should average down in 4 buys. Is that right? How about 10 times? What about twice? Which is better? I hate when people say, oh 4 times is a good number because somebody said it was. So let's...
Read More →That clever dude Ugly is at it again. With the Zimbabwean dollar reaching a record exchange rate of around $20 Million Zimbabwe Dollars per $1 US Dollar, Ugly has decided to repurpose a web classic by launching the Million Zimbabwean Dollar Homepage. I used it to launch an ad for my newly created...
Read More →Yes I know prices for commodities are up, and yes there is growing demand. Yes the bakers are going to demand things from their government. But in the face of all this I don't buy the commodity rally. Here's why. My father-in-law is a potato farmer, his father was a farmer as well, and I had a long...
Read More →Yes folks you read that right I have become a bull, but in bear's clothing mind you. On May 18, I became a Bear in Bull's Clothing. On July 13, 2007 I said that the market had reached its high water mark. And on December 3, 2007 I became a bear. I am very optimistic, even though I should not be. I...
Read More →I like GPS, even wrote a block entry about it. So the question is why did the share value drop faster than gravity on Jupiter? Answer is that it baffles even the CEO of the TomTom. Ok so what gives is it justified? No! Let me explain a bit more about GPS, and this is what I think the market is...
Read More →You need to listen to the following video, and listen to the following words: Tech is Poison, and Short Nokia, and Short Garmin. GPS business is done. Jim, let me show you something: > TomTom will zusammen mit Vodafone seinen Verkehrsdienst High Definition Traffic auch in Deutschland anbieten. Der...
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