tag:blogger.com,1999:blog-1207581886255094115.post2728157911905667347..comments2024-02-26T05:51:17.859-05:00Comments on Economic Disconnect: Homework NightEconomicDisconnecthttp://www.blogger.com/profile/02802078645713106743noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-1207581886255094115.post-57340541975880413032011-01-25T18:56:27.255-05:002011-01-25T18:56:27.255-05:00Thanks Gawains!
You know I am major risk averse. ...Thanks Gawains!<br /><br />You know I am major risk averse. I evening trade, so it's safer than daytrading, Ha!<br /><br />I am being pretty careful, but it is fun to try some new ideas.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-86083074963839897332011-01-25T17:22:57.774-05:002011-01-25T17:22:57.774-05:00Oh, and by the way, I got another book recommendat...Oh, and by the way, I got another book recommendation for you, GYC. Amarillo Slim in a World of Fat People. Greatest proposition gambler who ever lived.GawainsGhosthttps://www.blogger.com/profile/16719480047404817864noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-12855558199272414082011-01-25T09:11:01.186-05:002011-01-25T09:11:01.186-05:00I too am way long Packers in this Super Bowl. Usua...I too am way long Packers in this Super Bowl. Usually I follow the traditional line of allegiance--team, division, conference--although on occasion I go the other way. The Raiders were my AFC team in the 70s, and I wanted the Patriots to beat the Rams, but was glad when they lost to the Giants.<br /><br />Aaron Rodgers is playing out of his mind football right now. Although he took a step back against Chicago, I think he'll be ready to go against Pittsburgh. He's had it tough, having to follow an icon. Much like Danny White, who had to follow Staubach. White was a very good quarterback, took a subpar team in decline to the championship three years in a row, but he just couldn't take them all the way. Rodgers has done that, against all odds, so I want him to win.<br /><br />Plus, I hate the Steelers. Something about Super Bowls X and XIII.<br /><br />Anyway, since I don't play the stock market, I don't know what to look for in a chart. I can read one, see how the price is trending, but I just don't play in the market, because the trend is not your friend.<br /><br />A word of caution, GYC. Our accountant went completely bankrupt last year day trading stocks. He lost everything. The bank foreclosed on all of his properties, including his mineral rights (which are hard to come by in the first place). Then he filed our tax returns late, which slapped us each with a $1500 penalty on top of the taxes owed.<br /><br />I guess he didn't know what he was doing. But, hey, if you know the game, play it. I just think you should proceed with caution.<br /><br />The only thing I know about investing is this. It's all about safety of principal and adequacy of return. The return of money is more important than the return on money. Great fortunes have been won and lost in the stock market.<br /><br />Caveat emptor, my friend.GawainsGhosthttps://www.blogger.com/profile/16719480047404817864noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-31636633365466585012011-01-24T22:34:42.236-05:002011-01-24T22:34:42.236-05:00To add,
Screw the Patriots!To add,<br /><br />Screw the Patriots!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-65183273609608219182011-01-24T22:33:29.682-05:002011-01-24T22:33:29.682-05:00Jake,
I am 100% LONG Packers in that game.Jake,<br /><br />I am 100% LONG Packers in that game.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-67287687071177705822011-01-24T22:29:06.858-05:002011-01-24T22:29:06.858-05:00brutal game my friend. thinking i should be on tea...brutal game my friend. thinking i should be on team AFC, but kind of want the black and gold to get trouncedJakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-56331885846056185162011-01-24T21:52:20.702-05:002011-01-24T21:52:20.702-05:00that should be, whatever companies whose stock sym...that should be, whatever companies whose stock symbols are TPTB, TBTF, POMO, TARP, etc...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-73819502203062844582011-01-24T21:32:52.484-05:002011-01-24T21:32:52.484-05:00Anon,
indeud that's true! Still some stocks a...Anon,<br />indeud that's true! Still some stocks are POMO-MOMO and others are TBTF or under the TARP. I could link charts but that might get annoying.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-64449372144710492442011-01-24T21:29:16.776-05:002011-01-24T21:29:16.776-05:00"Going to review TRCR, ABCO, and PBTH. I like..."Going to review TRCR, ABCO, and PBTH. I like TRCR the most but no hurry as the setup may take a bit."<br /><br />These symbols are meaningless to me. Im not used to thinking of stock symbols as viable investment options yet. <br /><br />Hey, maybe you need to research and invest in: TPTB, TBTF, POMO, TARP, etc. :)Anonymousnoreply@blogger.com