First There Is A Mountain, Then There Is No Mountain, Then There Is. From Donovan to The Allman Bros. Who 'da Thunk?  

It is the marketsí job to reallocate money from the ignorant to the intelligent, from the lazy to the hard working and studious; from the naive to the educated, and from the speculator to the investor.
Barry Ritholtz


CHARTZ AND TABLE ZUP @ www.joefacer.com


The one great certainty about the market is that things will always change. When we lose sight of that fact and dig in our heels on a particular viewpoint or thesis, it can create tremendous stress as we deal with an environment that may not appreciate our great insight.
Reverend Shark



So maybe we had a bottom or the bottom or whatever and the markets bear market bounced into earnings. I reallocated 50% into stocks to take advantage of the better market conditions and earned some money for my retirement. Then I lightened my stock allocation into earnings season because the risk of holding into what was expected to be gawdawful earnings numbers was too high for my 401a account. I knew I was going to be out of stocks early to stay within the 401a rapid trading restrictions. So being out while the market goes up is part of the game. Sure enough, the market continues to go up. This is my 401a account and I don't like to chase the markets up. The rules of this game do not favor such. But, if I buy back in, would I be chasing the dregs to the drain and goin' down? Or would I be buying into a new long term bull market? Damn good question. It is something to worry about for the next coupla days. But I'll get an answer next week. A little uncertainty about booking profits ain't such a cross to bear. Nobody ever went broke bookin' profits... But a lot of people get their face torn off holding for the long run or waiting to get back to even. Twist the Wrist and ride on.

http://videos.streetfire.net/video/Wing ... 146752.htm


VERY IMPORTANT IF YOU HAVE A PENSION. IF YOU DON'T....WHY ARE YOU HERE?
http://www.ritholtz.com/blog/2009/04/pb ... rporation/



ANOTHER SMOKIN' LINK....
http://www.sfgate.com/cgi-bin/article.c ... 16Q4F5.DTL
Do a google search for "sean olender". it'll give you an interesting perspective on the above link....
http://www.pbs.org/moyers/journal/04032009/watch.html
http://www.ritholtz.com/blog/2009/04/summers/
http://www.ritholtz.com/blog/2009/04/la ... b-part-ii/
http://www.economist.com/world/unitedst ... d=13414116
http://www.economist.com/opinion/displa ... d=13405314

Jeezus!!!
http://www.boston.com/news/nation/washi ... investing/

Yet another smokin' link...
http://www.nytimes.com/2009/04/05/busin ... f=business

http://business.theglobeandmail.com/ser ... Blogs/home

The price one pays for pursuing any profession or calling is an intimate knowledge of its ugly side.
-- James Baldwin

http://www.nytimes.com/2009/04/05/opini ... 8s7M6l8OTA







Stay tooned....
















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