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What Do Bancruptcies Tell Us?
Bankruptcy lawyers in Texas have been busy recently. Past cycles have shown a surge of Chapter 11 Bankruptcy Reorganizations as early indicator of the end of tough economic times. Makes sense though; Reorganization happens when someone wants to preserve an asset, but credit is tight. So, it is just a data point, but if it
Weekly Market Commentary from 5/16/08
Is The Bear Still Lurking? Great market action for bulls recently. If this has been a head-fake, it certainly was a convincing one. The major US Equity Indices are all moving up to their 2008 highs – into their 200-day moving averages. There has been a prolonged rally off the March lows, so you are
What is Your Intention?
Fear, greed and hope comprise the Bermuda Triangle of trading. Many dreams were battered or lost because of them. In trading, my goal is to make and keep money, consistently. It isn’t to be right, or clever, or even creative. Reducing human bias and error are benefits of using automated trading systems; and ultimately that
Travel IQ
Trip Advisor has an interesting game called Traveler IQ Challenge. brought to you by TravelPod, the Web’s Original Travel Blog ( A TripAdvisor Media Network member ) I thought it was fun. On a related note, here are some of my favorite Travel sites. Farecast: This site has lots of nice features. This link shows
Coupon to Buy Gas
If it wasn’t so close to the truth, this would be funny.
Market Wizard Sings the Truth
This is a video done by Ed Seykota. He is a well-known trader and was featured in Jack Schwager’s great series on "Market Wizards." His website is here. http://www.seykota.com/tribe/ Here is the page link: http://www.youtube.com/watch?v=LiE1VgWdcQM interesting …