Archive for June, 2008

Who Said It?

Theme of the week – fear and risk.

Don’t be afraid to go out on a limb. That’s where the fruit is.

Author after the jump

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“We’re Not in Bear Market Yet”

Despite the major selloff, however, the market is not yet in “bear” market territory. A bear market is defined as a drop of at least 20% off the recent high. The Dow closed at 14,164.53 on Oct. 9, and ended Thursday down 19.1% from that peak.

Source: CNN

It’s just a technicality at this point. Just declare the bear market already, CNN!

Even though people are expecting “an oversold bounce” tomorrow, is anyone really brave enough to buy ahead of the weekend?

Greed is Stronger

Why does “leaving money on the table” hurt more than even losing it?? Oh the greed!

I keep reshorting (FSLR: 43.91 -10.43%) here and there, and today I covered some of it. And then it just kept dropping. All I can do is repeat to myself:

  • I made money
  • 2.7% profit in 2 days is not bad!

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