Entries from August 2008

Friday, August 29th, 2008

Sugar, We’re Going Down Swinging

Friends, it’s time to get hedged, cut your losers, and start swinging for the fences with shorts as our economy goes down. Our monetary programme is founded on the American consumer and those consumers, in addition to recoiling from the sting of inflation, are collectively making less money (by about one half of one percent per month for the last 3 months). This means that they have less money [...]

Thursday, August 28th, 2008

This Is How We Prove It

After a short hiatus from the market to pursue the dream of being a rancher, I’m getting back to what I know best - trading.
As I am sick to death of the new financial news manure spreader, I will be taunting every so-called-expert with my new mantra: PROVE IT.
In return, they will want to know [...]

Monday, August 25th, 2008

Come To Me With Solutions

As I read this article: http://seekingalpha.com/article/92469-government-statistics-perfecting-the-art-of-mass-deception , I couldn’t contain that question of questions: SO WHAT?  I mean, yes, retail investors are spoon fed lies all of the time. That’s nothing new. And journalists tell us about it all of the time. That’s nothing new either. I’m looking for something new - SOLUTIONS!!!  Here is my response to the article:
1. As The Sage [...]

Saturday, August 23rd, 2008

Pesos Accepted at Circle K

The Peso, it’s everywhere you want to be (yep, just made that up). This isn’t exactly breaking news. After all, banks in the U.S. have been accepting Pesos for decades. Difference is, banks only give you U.S. dollars in return for Pesos. Circle K offers twinkies, corn dogs and beer in exchange for Pesos. Sure beats eating green-backs. As a currencies [...]

More on this topic (What's this?)
How to Spot an Economic Train Wreck
Cry All You Want
Pesos are Starting to Look Good
Read more on Mexican Peso (MXN) at Wikinvest

Friday, August 22nd, 2008

We Find These Truths To Be Self-evident: PROVE IT

DD (author of Smartbomb) says a hot shot’s credibility is only as good as his trading history. He is framing up a non-profit religion of trading aces. Anyone with C’s from high school can pass a Series 7 test. The bottom line here is to start an institution for successful traders. Designations such as CMT, CFA, RIA, [...]

More on this topic (What's this?)
Sold Dupont
Sold DuPont (DD) Naked Puts
Read more on E.I. du Pont de Nemours & Company, Core Materials at Wikinvest

Prove it? Okay..