No actions. The uniformity of this pullback across most equities is frustrating my usual dip buying program. Maybe that's good.
Word of the Day
"Racine" - noun [$1000] Obsolete, rare (but I did see it in a book I'm now reading)
Racine means a root. [cf. deracinate]
Sentence: Weak domestic economic growth has not one cause, but has a network of racines: insideous government spending that buys what no rational person would buy with one's own money, or pays what no one would similarly pay with one's own money, taxes & regulations on jobs and subsidies for overseas production all combine to reduce good soil for domestic growth to sand.
About Me
- Bunkerman
- I have a pioneer mentality. My wife & I live in the woods - neighbors aren't visible except slightly in winter. Our "bunker" - hehe, really a fine home & barn - has plenty of security. We have four dogs: Krypto (age 9, Kelpie), Ava (age 13, Rat Terrier), Sky (Kelpie, age 5) and Lucky Star (age 1, kelpie). I don't take crap from anyone anymore, having enough resources & gear stocked up to survive in any circumstance. I have three degrees from Harvard including a Ph. D. in a physical science, and an MS in Management from MIT. I worked as an investment banker for about 25 years, mainly in secured finance, at three major Wall Street firms and for the last 17 years with my partners at our own firm. I'm semi-retired now, managing some private corporations and business interests and doing my own trading & investing. This is not to boast, but to give you an idea I know a little about some subjects from experience. The photo is my 1943 M16 half-track which I am restoring. These armored vehicles were ubiquitous in the US Army in World War II and Korea. It's driveable.
12 comments:
T2108 30.54 and the "spreadsheet" says sit on your hands??.....If not now...when?...K I S S???....
Im afraid instead of trading like Spock.... emotion has entered the building...its Ok to admit it Bunk...I know you dont want an 08 repeat...
I'm just doing it by the numbers - no emotion.
None of my asset classes is off by 5%, in fact none by even 4%.
Maybe my S&P 1200 low will be hit ?
I obey the machine ....
The Machine? Shelley the machine Levine?
can anyone name this classic movie?
no idea, mfl.
I wish Bud could tell me how to hit this driver
so I have this fancy shmancy new driver.....and all I can do is fly it into the woods...and its mf white..stands out like mern in harlem...which makes it even worse..lool...pffftttt...
I'm no help ... haven't played that game since I was 17.
I was terrible - had a huge slice.
seems like we headed back into a double-dip..............yup....QE2 is workin alright
'keep firing Ben'
Spin...my I suggest aiming a little farther to the left...
lolololol
loool.....spin plays "Army golf" left,right,left,right
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