Why We Need The UpTick Rule

Today I noticed something interesting going on. I noticed how there were buyers, but they were overwhelmed. And that got me to thinking. Who on earth would sell now? Seriously let's think about this a bit. If you are in deep do-do with your portfolio would you sell? Probably not. Are there...

Read More →

My Long Term Trend...

I have to admit that my statistics model was walloped. Hey I was wrong, and that happens. About a year ago I did simple trend analysis of the long term DOW (since 1929) and what I saw I did not like. It said that we would reach levels that we are at now. So why did I not talk about that? Because I...

Read More →

Wow, Tom Friedman is Talking Contradictory

So I watched Meet the Press with Tom Friedman, and here is what he says: > Remember, what was Detroit's plan two years ago when they, when they confronted this problem?  It was to subsidize gasoline at a $1.99 a gallon if you bought a Hummer or Suburban or a big truck--that was their idea of...

Read More →

China Bad BUT Walmart Good?

Here is what you have to wonder about. China is a country that is suffering, and is a country that will collapse. At least that is what people are thinking. For example here is a quote that I heard in the media (CNBC Squawkbox). > "China is a construction story, and you have to wonder why they are...

Read More →

Friedman and Automotive Critics are Being Disingenuous

I listened to Friedman's rant on how wrong the big three are and that they should not get any money, yada, yada, yada... Folks, I have been involved both directly and indirectly in the automotive industry since 1985! My father used to a VP/Plant Manager for Magna, and Grammer. I myself have worked...

Read More →

On Long Term Investing, Presidents, and the DOW

I was doing some thinking on the new American President and the current president. In particular I wanted to know how the market did for some presidents. So I looked back at the DOW and looked at the dates when each president was in office. I came up with the following table. | | | --- | |...

Read More →