- Wow. Market volatility! Are we all conditioned to think that whatever the market throws at us in the first hour or so, will be completely reversed by the close? Buy dips, sell rips, and laugh all the way to the bank?
- Lots of worry out there. Lots. Europe. Swiss Francs. Poor US economic data. Bond bubbles. Biotech stock bubbles. Central banks trying to out stimulate each other. ISIS. Oil crashing. Energy jobs imploding. Racial conflict and organized protests. Measles at Disneyland.
- It's amazing any of us even bother to get out of bed in the morning!
- Well, take a look at the charts from last Jan-Feb. Go ahead. I'll wait.
- I am still mostly long but do have some cash. I'm actually feeling a little greedy and was looking at some call options today.
- Be greedy when others are fearful. Be fearful when others are greedy. And stay away from people with measles.
Thursday, January 15, 2015
Stock Thoughts
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