I started getting interested in the stock market back in 2000, when people were still making millions in tech stocks and the mania was close to its apex. I decided to open a brokerage account, and promptly lost $800. So I pulled my money out, and decided to learn what I was doing before I [...]
Interesting article from Marketwatch:
TODD HARRISON
Truth and consequence
Commentary: Have we seen the 2008 trading low?
By Todd Harrison
Last update: 12:01 a.m. EDT Oct. 15, 2008Comments: 106NEW YORK (MarketWatch) — A Chinese philosopher said, when it’s obvious that goals cannot be reached, don’t adjust the goals — adjust the action steps. Global central banks have taken those lessons [...]
Hope you didn’t jump in too early:
Dow plunges more than 660 to fall below 9,000 - [Yahoo! Finance]
I was seeing a lot of people calling for a bottom yesterday and earlier day, and even tiptoeing in on the long side. Just goes to show how difficult market timing can be. And as bad as this [...]
100 Year Events - [Alchemy of Trading]
Some good investing advice from one of the greats, Paul Tudor Jones. Trying to make sense of all this on a fundamental level would be a giant headache, and would take more time than any of us could possibly have. If you’re trying to trade in this environment, whether [...]
Wall Street tumbles amid global sell-off - [Yahoo! Finance]
People are starting to realize that the $850 billion bailout is not a panacea to cure all our ills, and the market is subsequently freefalling. We’ll probably see a sharp bear market rally sometime this week, but it’s hard to see it going up for long. There’s [...]
