Entries from October 2008

Friday, October 24th, 2008

5 Reasons to Ignore Warren Buffet ($brk.a) ($brk.b)

Within the past two weeks my neighbor, my lawyer, and my doctor each told me that Warren Buffet is suggesting that Americans buy shares in American companies. I tolerated the first two, but I really let my doctor have it today.  I blurted out - “AND???” “How does that apply to me and you?” “Are you a billionaire?” [...]

More on this topic (What's this?) Read more on Warren Buffett at Wikinvest

Saturday, October 18th, 2008

MTA - Your Funds Will Never Return ($AIG)

As a kid, I laughed at the comedy of “Charlie” who “kissed his wife and family goodbye”, hopped on the MTA, and “never returned.” The Kingston Trio dreamed up this hit in 1959. That was sixty years ago. Funny how life imitates art.
Here is the breaking story for all you “Charlies” who ride the MTA. [...]

Tuesday, October 14th, 2008

($SHY) ($TLT) ($KRE)

Here I invoke Hitchcock’s suspended sense of disbelief. The bulls are invited to ogle the lovely uptrending prices show above. Indulge in the possibilities of a growth boom. Now snap out of it. I scanned 400+ ETF’s (equity, currency, commodity, etc.) to get these. And frankly, TLT is a few points shy of a double top reversal (but more likely to triangulate), SHY has a longer term [...]

Tuesday, October 14th, 2008

Muni Money vs. (NZD, NZ$ or Kiwi)

Chuck (not real name) is a muni guy. He does something attorneyish with municipal bonds. He is so tight-lipped about what he does, most members of his high school graduating class think that he deals in bail bonds. The nearest he’s been to something like that was his involvement in a jail bond for a city (wouldn’t tell me the name of [...]

More on this topic (What's this?)
The Rand’s long and winding road
Australian, New Zealand Dollars Rise as Global Rate Cuts Seen
Tool Box
Read more on New Zealand Dollar (NZD), Kiwi (NZD/USD) at Wikinvest

Friday, October 10th, 2008

Ring Of Fire

Most times, watching the market is like watching the grass grow. Bores me to tears. I work hard to find opportunities.
Lately, watching the market is like watching a fire (a big one). It’s mesmerizing. I could watch it burn for hours.
On personal note, I’m glad I’m not it. On the other hand, I know many [...]

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