Prepare for an incoherent post… ready? go. I’m having a foggy brain day, so today wasn’t great: I trimmed 1/3 of [[PWE]], traded MA and
readI noticed an ad for Chevrolet Aveo with a cash price of $9,995. This is the first time ever that I see them advertise a
readCovered [[MA]] @ $177.00. It was a limit order, surprised it went through. Seemed to be holding near 178.00 pretty steadily.
readI sold the remainder of my Formation Capital (FCO.TO). This was one of the loser long-term investments. I didn’t sell because it went down, but
readCash would be good in a deflation. Cash would be bad in an inflation. What stores value equally well in any environment? Real estate –
readVery interesting documentary transcript about the stock market before the crash of 1929. Mentioned are JP Morgan, Durant (GM founder), Michael Meehan, Jesse Livermore and
readLooking at Owens-Illinois, Inc., [[OI]] I accidentally found a discrepancy in what MSN Money and Yahoo Finance reported. After looking at several other stocks, it
readI broke down and bought [[AUY]] at $9.65, instead of $9.48 as planned. This is a (re)starter position. My lack of discipline must be legendary
read[[SPY]] will go to $118.5 as per my analysis. Too bad I won’t be here tomorrow to short it, or go long [[SDS]], the double-inverse
readGlad I didn’t stand in front of the speeding train that is RIMM. [[AAPL]] down 3.65% in afterhours, [[RIMM]] down 18.23%, on an earnings miss.
readI won’t be able to trade on Friday and Monday and would feel just sick holding a bank, especially so much (I had 400 shares).
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