Dow 13,000
Thought I would drop this in before the close – should get the bulls a little excited.
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There Are Good Rules And There Are Bad Rules
Whilst having breakfast I came across this blurb from an individual who is wanting to move from the sell side of the industry to the advisory/money management. These are his rules for investing – Industries are under-analyzed, relative to the market on the whole, and relative to individual companies. Spend time trying to find good…
Persistence
Our current mentor program is one week as of today and before the program began we had a number of people literally begging us to let them in early so they wouldn’t miss out on a place when bookings opened. Here is the interesting thing – the people we have had ask for a refund…
How Do You Know?
Someone bounced me the following quote from a newsletter by Richard Russell who is regarded in the US as somewhat of a doyen of predictive technical analysis. The worst kind of market is a market that goes down on good news. As I write, optimism is in the air, and the Dow is down 95…
You Think Your Day Is Hard
This is one of those brilliant sports doco’s that only the Yanks seemed to do.
WTF?…Sauna Pants……
The Mayans just might be onto something – I have seen the coming apocalypse.
I Know What We Are Doing At The Next Mentor Program
The Ultimate Tazer Ball league – where players use 300,000-volt Tasers as part of the game – is coming to Toronto. Think of it as a combination of football, rugby and stinging electric currents zapping you at every turn. Canada’s contribution, the Toronto Terror, is now beginning to form its six-person roster.
The Year So Far
An interesting year so far with all the usual suspects popping up. The one that interests me is Lumber since it can be viewed as a leading indicator in terms of economic recovery if you are into that sort of thing. You can see from the chart below that lumber collapsed before the US housing…
Gilligan
I recently notice some rubbish in my spam folder that purported to link the Mayan calendar and the current state of the market. Apparently since the Mayan calendar runs out in 2012 we should prepare for the mother of all crashes. And dont get me started on the Elliot Wave theorists who still seem to…
Surprise, Surprise, Economists Know Bugger All
In what must be a profoundly surprising development economists couldn’t predict anything with any degree of accuracy. Click on the pic for the full story.
The Most Generous Rich People You’ve Never Heard Of
Found this in the WSJ over the weekend. Love the conclusion – I wish we heard more about the Dornsifes, Jacobson’s and Morks and less about the Trumps, Adelsons and Soros’s of the world. Perhaps then, America would have a more reality-based view of how the wealthy make and give away their money. Amen to…
I missed my usual Friday blog oddness because the day was spent dealing with idiots directly and the actions of a single idiot.
More Media Studies Clowns
Someone sent me the image below which pertains to the US. I have been trying hard to think of a reason why the same situation doesn’t apply here and I cant think of one. My personal experience is that this is certainly true locally. The world is being flooded with more and more fluff whereas…
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