Oct 16 2008

Black Thursday Trading Advice

If you’re new here, you may want to subscribe to my RSS feed so you don’t miss anything or Follow me on TwitterI’m running on fumes due to a week of flying cross-country for business, but I thought I’d leave this trade for you readers.
Short the XLY this morning.  This is the Select Consumer Discretionary Spider ETF [...]

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Oct 14 2008

Indian Version of the Wall Street Crisis

I’m not sure where this originated, but I received this forward in my email today.  A great explanation/analogy of the Wall Street Crisis.
 
Subject: wall street crisis 

 
If anyone has difficulty understanding the current world financial situation, the following should help….
     
Once upon a time in a village in India , a man announced to [...]

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Oct 10 2008

Why You Should Stay in the Market Despite the Crash

What a Week!
The market had its 7th straight trading session of decline and is now at a low it has not seen in 5 years down 39% from its year ago peak.  All 30 Dow components were down today.  Bad news continues globally as the financial issues are showing up in Europe and Asia.
As Americans sleep [...]

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