It's Friday. And it's the last trading day of the year. And we're going to close out the year at just about the exact same levels we started the year at. Aren't you glad you didn't panic when Greece blew up. Or when Greece blew up. Or when Italy blew up. Or when Greece blew up. Or when Spain blew up. Or when Italy blew up. Or when Spain blew up. Or when the commercial real … [Read more...] about Remember the panics and how to profit from them
Archives for December 2011
Markets are in rally mode, up 1%, making them about even on the year, which is what they were last week and twelve months ago too. We'll see more pitches come our way and the only way to continue our vast ourpeformance is to be very different in our approach than just about everybody else. Speaking of more pitches, here's another stock that I'm going to start shorting today -- … [Read more...] about New short name
Here's what I was reading and thinking about when I was working late into the night: 2012 – Things that will happen - I've read and re-read Bruce Krasting's latest piece here, a fascinating look at the year ahead with lots of suprise predictions. My favorites include: "-Obama will drop Joe Biden from the ticket. Obama will want a Veep that has a chance to be a viable … [Read more...] about Today’s Links: Obama drops Biden, BNY panics, and thoughts on gold
"But the kick was never needed. The fake spike proved Marino was most lethal as soon as the defense dropped its guard" -- NFL Films Drew Brees set the NFL record for single season passing yardage last night which now stands at 5087 yards. It was rather thrilling and you couldn't have drawn it up any better for the guy -- Monday Night Football on National TV, final play of … [Read more...] about Trade Like Dan Marino
The markets are closed on Monday so unless there's some emergency, there likely won't be any posts from me until Tuesday. In my experience, the markets tend to have a pretty strong upward bias as volumes and attendance and care is low from the pros, few of whom are working from their office or at full-speed today. Not that I'd try to game such intraday action, but I thought … [Read more...] about Merry Christmas and Happy Fiscal New Year!