First Week Of The Year. I Gotta Hangover Of Christmas/Holiday Cheer. Not All Hangovers Are Bad....
Saturday, January 7, 2012, 02:24 PM
Many conveniently cite a book that they have not read, covering data that they have not reviewed, employing methodology that they do not understand, and reaching a conclusion that is not shared by many peers. This happens because the conclusions support a viewpoint that they already hold -- quite fervently. As a result, people are willing to bet real money.
-- Jeff Miller
I just found a new one... http://www.youtube.com/watch?v=D1SZfGgZ ... re=related
This stuff comes outa the woodwork. Gawd, to go back to '66-'71 and relive those years with a video camera and DVD audio...
And, just like that, a Rory Gallagher video recording of excellent quality from a superb performance I hadn't seen surfaces and disappears. Oh Well. Here's one I, at least never tire of....
http://www.youtube.com/watch?v=guL3xWi6rmg
http://oldprof.typepad.com/a_dash_of_in ... eview.html
http://www.michaeleisen.org/blog/?p=358
http://www.latimes.com/news/politics/to ... 3054.story
No Change Inna 401...
We still have holiday/1st of the new year sentiment and momentum. I'm up close to last year's high water mark and everything is OK. At least at this very second and at this exact location. I'm concerned , watchful, and less than fully invested and leaning toward the door...
The Crossing Wall Street link is from an avowed "Buy And Holder". He's right, as is Rev "Saving Souls From Buy And Hold" Shark.
The key is capital preservation and risk management. So far, pretty damn good.
http://www.usatoday.com/news/politics/c ... match-game
Time and price in the charts say that the bulls/dip buyers are in a place to strike fear into the hearts of portfolio managers over trailing the indexes right off the first few weeks of the year.
Fundamentally, I don't buy it. But standing in front of moving trains is a poor practice, regardless of whether or not they should be there in the first place.
Tues Eve
I'm on that moving train.... Caution is the watchword....
Stay Tooned....
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