It's Tuesday after lunch sidereal time and I'm rubbin' my eyeball across some charts and tables when I had this thought.....
Check it out...Clickonnit!
I'm not doing very well so far this year for all my efforts.
So it goes.
There's this housing bubble that's just starting to unwind in some US real estate markets, and there's big time deficit spending by a Republican president that's lookin' like it has the possibility to crater the economy. A lot of the world's manufacturing has long since gone to China and as our economy slows, raw material prices rise because we no longer are the main driver of the world economy. Hell, US housing is feeling the pain and copper prices are up. China's on the come and India has just put it's head down. Yeah, i know, mixed metaphors, and it used to be when the good ol' US of A sneezed, the rest of the world caught a cold. Now when we sneeze, everyone else partys on... Basic materials and energy now have a life without US. Besides, oil is up and the established political and economic order in the US is going to hell big time because we are bogged down in a land war in Southeast Asia and and... Oops! FLASHBACK!!! FLASHBACK!!! Too many drugs for too many years!! Or just maybe it's not a flashback. Maybe it's just this generation's version of living with a stonewalled and holed up Nixon Administration goin' down in flames... I meant to say " the established political and economic order in the US is going to hell big time because we are bogged down in a land war in the Mideast."
Anyway, The price of leaving the party too soon is to be stuck outside watching everyone else party on. My portfolio performance is pretty limp as of April and I got my nose pressed to the window watchin' everyone else party on.... The possible upside of sobering up on the lawn is being able to walk home on your own a little later while everyone else goes to the slammer on their way home... If bad things happen, I'll be able to get back in to the market at much lower prices. There's an election coming and there may be one more pop before we work this out. Or not. I'm pretty much in a holding mode while I wait for clarity. I'm no longer 100% up over the Balanced Pooled Fund and my advantage is bleeding away. But I can live with that because I'm long in the tooth enough to have sat through the earlier version of this movie before and it didn't end well.... The future will tip its hand in the next few weeks. Stay tooned.....
;)
I'm not doing very well so far this year for all my efforts.
So it goes.
There's this housing bubble that's just starting to unwind in some US real estate markets, and there's big time deficit spending by a Republican president that's lookin' like it has the possibility to crater the economy. A lot of the world's manufacturing has long since gone to China and as our economy slows, raw material prices rise because we no longer are the main driver of the world economy. Hell, US housing is feeling the pain and copper prices are up. China's on the come and India has just put it's head down. Yeah, i know, mixed metaphors, and it used to be when the good ol' US of A sneezed, the rest of the world caught a cold. Now when we sneeze, everyone else partys on... Basic materials and energy now have a life without US. Besides, oil is up and the established political and economic order in the US is going to hell big time because we are bogged down in a land war in Southeast Asia and and... Oops! FLASHBACK!!! FLASHBACK!!! Too many drugs for too many years!! Or just maybe it's not a flashback. Maybe it's just this generation's version of living with a stonewalled and holed up Nixon Administration goin' down in flames... I meant to say " the established political and economic order in the US is going to hell big time because we are bogged down in a land war in the Mideast."
Anyway, The price of leaving the party too soon is to be stuck outside watching everyone else party on. My portfolio performance is pretty limp as of April and I got my nose pressed to the window watchin' everyone else party on.... The possible upside of sobering up on the lawn is being able to walk home on your own a little later while everyone else goes to the slammer on their way home... If bad things happen, I'll be able to get back in to the market at much lower prices. There's an election coming and there may be one more pop before we work this out. Or not. I'm pretty much in a holding mode while I wait for clarity. I'm no longer 100% up over the Balanced Pooled Fund and my advantage is bleeding away. But I can live with that because I'm long in the tooth enough to have sat through the earlier version of this movie before and it didn't end well.... The future will tip its hand in the next few weeks. Stay tooned.....
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