Nothing.
Japan growth was OK.
More "subprime" panic mongering.
There was some panic selling in former high fliers yesterday as all the beefers try to bail at the same time to save their years. Sigh ...
I might re-buy EDU if it goes lower. I sold it in October when I had a LT gain as I was lightening up. I really like that stock long term. I'll put a bid around its 200 DMA in the mid-50s. I'm in no hurry.
Be patient. Buy dips of good stocks and groups. Take your time in building a position.
I take Sky & Krypto to sheep herding today midday.
PS: WMT good earnings and revs up 8.8% year over year. Uh ... where is the pain in lower income brackets ? NFIB says no small business credit crunch. Sigh ....
Tuesday, November 13, 2007
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Bunkerman...have a good day playing with the farm animals...the k-9 unit must be in crack shape, the end is near.
fins with the super beefer leadning the charge...GS the key, surprise :)
Yes, the K-9 unit is in top condition - they can patrol for 30 miles easily :-)
Bunkerman...none of those buys in the last hour were broken, which tells me there was enough fear...not that we good straight up, but there was some real give up.
sheesh EDU up 7 today - that's what I get for turning off the monitors & reading. Missed it.
You're the man, frosty ;-)
took some more YRCW - long term position building.
Hmmm ... perhaps the events of yesterday and today prove my "beefer" theory of market movements is superior to the "random walk" hypothesis or "efficient" markets. Hehehe :-))
beefers indeed...ops expo week, the real movers and shakers are now running naked into nov expo....read no puts...no pressure on the common and we lift...the common man tosses the towel yesteday...they have no chance.
some say gaming ops expo is a fools game...they are best suited to stick with selling books :)
hmmm ... some say there are no beefers ... and others say there is no window dressing.
I was listening to a lecture about Francis Bacon and the origins of the scientific method today - how experiments and observations became accepted as epistemological authority. Isn't it odd that over 500 years later some still cling to outmoded thinking ?
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