Looking over today’s aftermath, I was surprised to see that over 185 stocks went down more than 4%. You’d think with the indices flat there wouldn’t be this sort of damage being done to the skulls of the lazy people still waiting for papa to come home with the chickens. Papa isn’t coming home with the chickens, ye lad, because he’s dead and now you have to go live with your one eyed uncle.
Old man stocks still rule the roost. Oil and gas stocks offer growth plus security, whilst FEYE and SPLK offer nothing but idle, or not so idle, degeneracy.
Brazil sucks again and Europe is up way too much. America is the best investment choice for people with real money and reasonable expectations. Do not become hoodwinked into Nigerian get rich quick schemes, for those gents mean to do you harm. Trust in that.
There will be trading opportunities, stocks that we can nimbly exchange our time for modest 20-100% short term gains. However, in the meantime, I strongly suggest that you exile yourselves under the isolation and comfort of an olde man wheeled chair.
(God knows what half this blog post was about)
It’s Olde Man
Shut up, AT ONCE!!!
Brasil has become a vile-wasteland, a stinking corpse rotting in the wastes and dregs of american currency policy.
While I am still “up” from my buy price, it is only by a smidge, and one time near-10% returns have vanished.
I see no hope in Brasil recovering. I am there until my system says exit, which doesn’t appear to be long from now.
My prospects for 2014 appear dim. There is no place for me to allocate capital.
Brasil will win the World Cup. You heard it here first.
“First?” Not exactly going out on a limb there, chief.
No not exactly, pal.
Thanks Friendo..
Brasil can’t make up it’s mind whether to be a world industrial power or to samba the night and day away. The beach culture sure is fun though.
I take the samba and beach culture anyday!
That is and has always been there problem. Not enough motivation, too much fun in life.
That’s why the Germans are so awesome, they are just the opposite.
Correct, the Germans work hard and don’t enjoy life enough.
But Spain, Greece, France, etc… do and now trying to stick the bill to Germany. Not saying its right, but the incentive system we have is backwards.
Just look at what QE has done for Wall Street vs. Main street (as an example)
Never have so many in history made so much money for doing so little. Rome fell when the economy became too dominated by finance. The business heros of yesteryear built railroads and oil companies. Now we have a guy who tweets he is long apple and may be guilty of insider trading.
BUT, the guy who plots and schemes with another publicly traded company to do a hostile takeover and buys well in advance of this attack is NOT guilty of insider trading.
Sorry I forgot about him. He is a clown as well. A rich clown but a clown none the less. I like the hedge fund guys who say nothing. Seth Klarman for example.
Yeah they cheat the olde fashioned way: looking at your paper whilst the teacher has her back turned to ye
Belgium for the upset in the World Cup… PWE and SGY for growth in oil and gas. (the younger old men)
Old women with orphans and retards own stocks. The Old Man owns land and slave factories.