My bear market trading plans have gone up in smoke....for now that is.
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Suggested Reading
- How to Trade in Stocks- By Jesse Livermore
- Intermarket Analysis by: John Murphy
- The Comming collapse of the Dollar and how to profit from it
- Options As a Strategic Investment- By: Larry McMillan
- Fooled by Randomness- By: Nick Taleb
- When Genius Failed: The Rise and Fall of Long-Term Capital Management- By: Roger Lowenstein
- Option Volatility and Pricing Strategies- By: Sheldon Natenberg
- A Brief History of Time- By: Hawking
- Moby Dick- By: Herman Melville
- Reminiscence of a Stock Operator- By: Edwin Lefevre
Suggested Sites
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- Basic Information (1)
- Smart Trades (2)
- Trading Philosophy (4)
Smart Quote-
"The cure for boredom is curiosity.
There is no cure for curiosity."
- Dorothy Parker
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Important Notice for all readers
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Disclaimer: None of the information posted on this site is meant to be considered financial advice. Please consult a professional financial planner, Tax Attorney or CPA for individual guidance in making any and all financial decisions. Examples used in this blog are for illustrative purposes and are not meant in any way to be considered a buy or sell recommendation.
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2 comments:
I think the Fed started the fire. It could have gone either way, that's the control that the Fed has. With hindsight I can see that a 50 bp cut means close positions contrary to the upside. .25 bp could have meant wait and see, while a 0 bp cut could have meant hold the trade.
The fed is acting in the best interest of short term stock prices and that is a mistake.
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