During a Recession – Investing Success

An Invitation From “Financial Widgets”

Home of “Trading To A Million” 

 

It is not very often that I get a chance write such an article that is so close to my heart but I wrote one for “Financial Widgets“, a new blog of mine, that incorporated a ideas I learned in high school English.  It was easier to write than I thought it was going to be.  I’ve written a few articles for “A Mind’s Diet” that were as, well…  unusual.  If you’ve been following this blog then you might find this one interesting.  

The story begins in a restaurant with a chance meeting of a previous acquaintance which illustrates that not all stock traders are soulless bastards who only have their own greed in mind.  Some of America’s greatest minds still work in the industry and are still successful.

I urge you to pop over and read this story, not for any other reason other than the enjoyment of reading something not simplified to a point where the English language is uninspired and dull. 

The Quixotical Concepts of Investing –  A Short Dalliance With the English Language For Investment Success

While there at Financial Widgets, you may want to look over the “Trading To A Million” series, especially the year in review

 

Recession: Our Cruise Has Now Ended

Ah! The Recession – Our Cruise Ship Now

For my readers that have been following my recession series, here is one more for you.  And if you have been following it you can start here.

Our Cruise Has Now Ended

Our cruise has now ended.  Please be careful while exiting the ship.  For those that need help, there are stewards near every evacuation station, and if not, will be there shortly.  Please be patient.

It’s seems that our cruise ship has solidly hit the bottom, ground to a slow progression and, then, finally hit the rocks.   That’s where we find ourselves today.  The Dow at 8852, the S&P under 1000, and the Nasdaq somewhere  near the 1700 mark.  Continue reading

Its too late for us. Save yourself!

One more chance to save yourself

PATRICK LALANDE ON WORDPRESS

It’s been a long time coming.  On the news that the Federal government is backing the the economy with 100% aggression the stock market boomed. Up 400+ points yesterday (3/18) and currently (delayed price) up another 54. Gold plunged, financial stocks popped, and optimism has re-entered the dance. 

Yesterday was a nice sunny day here where I live. Through observation, it seemed that the weather couldn’t wait for spring and decided that it would give us a preview.  And then the Feds cute their interest rate by 3/4 of a point.  Hugh. HUGH!  How hugh?  That cut amounts to a 25%.  You didn’t get that on your credit card interest. I’d say that the big boys have a new big toy.  No, not a new maserati or a new corporate jet.  Not the new, 10,000 sq. ft. summer house that they live in for 6 weeks a year.  Not the physical trapping of wealth that you might think.  No.  Not those.  I’m talking about the game piece the financial crisis threatened to take away from them.  I’m talking BIG!  I’m talking the Federal government and the American economy. Continue reading

People lie. Prices don’t.

Recession mystery deepens, Plot thickens, Clues in Headlines 

PATRICK LALANDE ON WORDPRESS

Hey! NOT JUST  a heads-up for the market watchers.  

After the DOW dropped 155 points yesterday somebody might think that today could be a dead-cat bounce sort of day.

Here is something to think about.  Of the two headlines I read today, I get suspicious.  Continue reading

Testing, Testing 12,000? Cruise passengers and market soon to get wet

Beauty is everywhere, if you know how to look

PATRICK LALANDE ON WORDPRESS

A funny thing happened while the economy was cruising towards a recession

Another passenger on the same cruise ship I’m on, looked over the rail and said,

“I think I see the bottom of the water.  Look at all the pretty fish.  I like how the sunlight being filtered by the water, creates a texture on the ocean floor.”

I didn’t believe what I was hearing.  I turned to look and saw a younger man eerily unperturbed with the way the ship has been acting.  Didn’t he know that we were in imminent danger of running aground?

I composed myself by physically closing my mouth and making sure I was standing as erect as possible.  Turning completely to face my fellow passenger I had to ask him; “You don’t seem too concerned.  Aren’t you worried that we may not get off this ship alive?” 

To that he replied, “The ship isn’t going to sink if we run aground.  Besides, I just learned how to swim just because I was going on this cruise and I took out travel insurance.”

My thoughts wandered as I absorbed what he was telling me.  He was right.  For those that plan ahead, the most that should be a concern is getting a little wet and the inconvenience of the risks.

And then I caught myself thinking,..You know?  It really was cool, how the sunlight being filtered by the water, creates a texture on the ocean floor.”

Spending, Inflation, data, hit – This story is written by the headline

Another headline, another day.

Patrick Lalande on WordPress

photo_2808_20070815-crumpled-dollar-bill-2_400x180.jpg  Do you remember  “Recession headline: Bears like sinking ships“?  Keep it in mind when you read the rest of this story.

I awoke from a fitful sleep to read a headline that pretty much says it all.

Spending, inflation data to hit Wall St.  I would add “this week”. Continue reading

POP! Is it just a mirage?

Market makes a comeback?

Patrick Lalande on WordPress

Just a quick observation for you stock market watchers.

It seems that Friday’s late day pop is just a feint for next week’s progressive decline.

Am I right?

Patrick