Hey!!! Us Northern Californians Would Be Happy To Take Some Of That Rain From Those With Too Much. A Coupla Years Of Brown Hills And Lawns Inna Spring And Yellow Water Inna Toilets All Year 'Round Inna 70's Was Enuff, Thank You.
Saturday, January 28, 2012, 01:01 PM
"The art of investment is the art of selling. Buying is a lesser skill and holding requires no skill at all."
-- Harry Schultz
Dougie Sahm; Long Live Garage Bands And The Razor Sharp Sound Of A Farfisa Or A Vox Continental.
http://www.youtube.com/watch?v=JxsWRDeuxTE
http://www.youtube.com/watch?v=Dx_ln6e4tbQ
http://www.youtube.com/watch?v=a-AWLocy ... re=related
http://www.youtube.com/watch?v=MY0fesM4 ... re=related
http://www.youtube.com/watch?v=-QCe1O6R ... re=related
I'm up 28% over all of last year's gains... in the first month of this year. It's a balance of cashing in on the rips and buying the dips vs letting it ride and not making your move too soon. The buying is one part. Selling is the other. Let's see how this year works out.
My original 60/40 from last year is now 76/23 as stocks have gone up. That is way rich for a bear market, which I believe that we are in and will stay in for a while yet. But every hurricane has its eye and ya can't pile water up at one end of the bathtub and expect it to stay there. I'm working with what the markets are offering.
http://www.thereformedbroker.com/2012/0 ... ort-story/
http://www.thereformedbroker.com/2012/0 ... on-abates/
http://www.thereformedbroker.com/2012/0 ... llwethers/
Risk on and risk off. Correlation and widespread investor fear is why I'm bipolar in outlook managing my 401. No matter how good the fund manager may be or where the fund may invest, panic in and panic out overwhelms everything. So that is the overwhelming dynamic and I'm hanging tough despite the surges in and out. The trend is up...pretty much and for now. But I'm STILL stickin' near the door.
http://dealbook.nytimes.com/2012/01/26/ ... e-thrived/
http://www.thereformedbroker.com/2012/0 ... mployment/
The original 99% movement...Occupy Washington
Patton and MacArthur and tanks vs US citizens in the streets
http://www.ritholtz.com/blog/2012/01/th ... -movement/
http://vimeo.com/30766340
General Butler invoked the 99% movement, telling the veterans:
We are divided, in America, into two classes: The Tories on one side, a class of citizens who were raised to believe that the whole of this country was created for their sole benefit, and on the other side, the other 99 per cent of us, the soldier class, the class from which all of you soldiers came. That class hasn’t any privileges except to die when the Tories tell them. Every war that we have ever had was gotten, up by that class. They do all the beating of the drums. Away the rest of us go. When we leave, you know what happens. We march down the street with all the Sears-Roebuck soldiers standing on the sidewalk, all the dollar-a-year men with spurs, all the patriots who call themselves patriots, square-legged women in uniforms making Liberty Loan speeches. They promise you. You go down the street and they ring all the church bells. Promise you the sun, the moon, the stars and the earth,–anything to save them. Off you go. Then the looting commences while you are doing the fighting. This last war made over 6,000 millionaires. Today those fellows won’t help pay the bill.
}h2]http://www.alternet.org/teaparty/153973/why_we_got_ayn_rand_instead_of_fdr%3A_thomas_frank_on_how_tea_party_%27populism%27_derailed_a_new_new_deal/?page=entire
Stay Tooned...
Comments are not available for this entry.