Monthly Archives: August 2012
ALL 3 Indexes Increase
Revisiting TBT: short Treasuries
sold all of ABT position
“keep your winners and sell your losers”……………great advice but I didn’t follow it with ABT…………WHAT A WINNER! I sold: ABT 0 (+$39.20) +17.72% 1/13/2012 4 $55.30 $221.20 8/25/2012 -2 $64.00 -$128.00 9/7/2012 -2 $66.20 -$132.40 and it paid a dividend! … Continue reading
Most Important Kass NonInvesting Comment
Most important Kass noninvesting comment: More to It Aug 7, 2012 | 7:24 AM EDT Policymakers must recognize a more complete picture of the U.S. economic experience. But, as many of you will discuss this week, aggregate statistics can sometimes … Continue reading
When did Strident become Knowledgable?
When did strident become knowing? Bloomberg went to commercial and I clicked to CNBC to hear a strident, sarcastic Maria B. making a no information comment, adding nothing to our financial, investing, or trading knowledge. She commented on Congress; seems … Continue reading
New Exciting Holding: PSTI
Still Investing in USA Market?
Why? Managers and ETF and Mutual Funds are and will be mangled by HFT. Kass has been warning for a while over at thestreet.com, on Bloomberg, and CNBC. Pay attention! Doug Kass lays out this huge risk, again Revenge of … Continue reading
HFT exposed by Wired and Kass
Kass has been shouting about HFT and now brings our attention to this article in Wired magazine: Raging Bulls: How Wall Street Got Addicted to Light-Speed Trading By Jerry Adler Email Author 08.03.12 5:53 PM Wall Street used to bet … Continue reading
A Must Read:Options for Providing Women With a More Secure Retirement
Incredible article in NYTimes! August 2, 2012, 11:59 Options for Providing Women With a More Secure Retirement By TARA SIEGEL BERNARD It’s easy to see why elderly women are at a higher risk of living in poverty during … Continue reading