Back in 1998, I was a hardcore piker, opening new accounts for idiot brokers. In my personal account, joint with Mom (shamed), I had an early AMER position building, which later turned $6k into $250k. I was on the verge of greatness and didn’t even know it. Without a doubt, 1998 was the low point for “The Fly’s” career, nearly checking out of the business in exchange for a salaried position at Schwab, dealing with the perplexities of supporting a family on zero income for 4 consecutive months. One year later, after paying down $35k in credit card debt, I was fucking bowling on pikers, securing an office at my firm and a staff of junior brokers, even though they were older than me.
Here is the month to month returns for 1998. Repeat?
January +1.29%
February +6.93%
March -0.89%
April +1.27
May -2.08%
June +4.25%
July -1.35%
August -14.12%
September +6.36%
October +8.11%
November +5.55%
December +6.51%
http://www.youtube.com/watch?v=XWDoMoprjmE
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was has?
Why not?
Lesson is…ignore the market until Labor Day.
I prefer a repeat of 1995. 4 straight quarters up.
1998 month to month returns for what? or who?
SPY you dolt.
Why am I a dolt? It is your info that is incorrect…
SPY was up 4.58% in March, not -0.89%.
I forgive you.
Dude when you gonna stop acting like a piker and put me on the team or something. We on the same music wave and I can learn a lot from you… and help somewhere I’m sure. Eazy
Fuck music. Show me traffic stats.
Stocks that should get a lift Monday morning.
http://www.marketwatch.com/story/australian-stocks-jump-after-china-data-2012-04-01?link=MW_latest_news
If the rally follows through tomorrow, metal producers may be up by as much as 3%!
Having a joint account with your Mom is nothing to be ashamed of, I still have mine. It only has one stock.. many years ago she saw a picture of Steve Jobs somewhere and that was her pick lol he looks just like my programmer geek uncle (her brother) Leo. She also like the Apple logo lol Moms have a great talent for picking stocks I think lol
LTRO was huge cocaine for the market. This is no 1998.
BTW, I am so jealous..I have learned so much since I started in 2007, I can’t imagine how incredible it would be to watch the market since 1998. Tonights Official PMI came in a bit stronger and HBSC PMI still down out of China..
The ASX 200 came out gangbusters at the open Monday morning up over .80% only to piss away all of it’s earlier gains throughout the trading day. With 2 hours to go it is now only up .12%.
Australia building data sucked, Japan Tanken Sucked..China mainland is on vacation until Wednesday. All of the global pmi’s are coming out tonight. For this market, IMF’s party now, no pay, no more play for traders. IMHO they won’t give up the money and will say EFSF/ESM is not enough.
I’m gonna go out on a limb and suggest that you’re wrong.
Nymph is no joke
Is it TEA, who makes earl grey? Thanks…. having it for first time at laguardia
TEA is just vendor. Earl gray is sold everywhere.
the ever, long and winding road.