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Showing posts from July 6, 2008

Summer Confusion-Sunrise or Sunset?

Have you seen the pirate movie- Pirates of the Caribbean- At World's End ? In the movie, Jack Sparrow, the main pirate character in the movie, has been rescued from Davy Jones Locker by his pirate crew only to find himself stuck somewhere between the land of the dead and the living. The crew (including Jack) only means of getting back to the land of the living is by figuring out the cryptic clues provided by an ancient Chinese chart of maps. Well they figured out alright-how to get back, by deciphering a clue where 'up was down' and down was up'. Like the market right now- 'up is down' and 'down is up' . Hah, hah. I am serious though. The market really sucks? I seem to be losing money in certain oil and gas stocks even though oil has been climbing to new highs daily. I am like what the heck. Yes, it seems like I am always losing lots of money in the market, but sometimes blue-chip investments touted as safe sometimes can be really just as unsafe. My tho

What the Be*&$r?

Wow, the market is in a serious sideways funk. Every sector is taking it on the chin. Even, if you try trading options- which I have, you will still lose a crap load of money; I have. Nothing seems to be working. I have been in only one (real) Bear market in my lifetime and that was in 1987. However the subsequent losses after the initial plunge on "Black Monday" of 1987, was not as persistent and severe as this one. Wow! Stay tuned for the next post, maybe we will find the light somewhere.