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Posts Tagged ‘markets’

What a screwed up day in the market.

May 6th, 2010

If you made money on the market today, you’re in the minority.

PVX dropped a ton, and someone consummated a trade at $0.01 per share.

I started a position in Sprint thinking I was smart stuff when it then went up, and then it got whacked.

Don’t know what’s going on in Europe, but it’s got equity markets scared.

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I’m basically back to even…

February 17th, 2010

It’s been a long 12 months, but I’m back above water, both in my trading account and in my retirement accounts.  I really owe it all to my stellar strategy:

“One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do. Most people always have to be playing; they always have to be doing something. They make a big play and say, “Boy, I am smart, I just tripled my money.” Then they rush out and have to do something else with that money. They just can`t just sit there and wait for something new to develop.”  -Jim Rogers

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Do you sell this bear market rally?

March 12th, 2009

I can’t help but think we’re watching a bear market bounce with the DOW back up over 7,000 today.

Do you sell this rally or is this the turning point in the market?

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