Yesterday’s market bounce, although on low volume, was a step in the right direction. It’s too early to tell if this is the beginning of another uptrend or just a head fake. Many traders are still on vacation and will not be back to their desks pushing buy and sell buttons till after Labor Day. Until then, any moves to …
The No Load Fund/ETF Investor: Wall Street Manipulation
I like some of Paul Farrell’s articles. While I can’t for the life of me agree with him on his investment strategies (hold your coffee house portfolio through any market condition), he wrote a fine piece called “Meltdown ‘inside’ Wall Street’s brain.” He outlines the self-serving and brain washing acts that come with Wall Street’s manipulation, which I have touched …
Special No Load Fund/ETF Tracker Update For 8/20/2007
Yesterday’s market activity had no effect on our investment plans despite the ever present volatility. I am in still in a holding position waiting for the markets to decide on future direction before making any further adjustments. The Trend Tracking Indexes (TTIs) are situated relative to their long term trend lines as follows: Domestic TTI: +1.47%International TTI: -0.74% I did …
No Load Fund/ETF Investing: The Bursting Of The Next Bubble
CNNMoney featured an excellent article called “Why the private equity bubble is bursting.”It recaps the insane leveraged buyout fever of the past couple of years which caused some unintended consequences while fueling the stock market rise into record territory. It’s well written and gives you a better understanding of why the bubble is bursting. There is some focus on the …
Sunday Musings: Would You Be Better Off Today Without The Subprime Saga?
I received the following e-mail from reader Rich: “Thanks for your rational take on the market & its current woes. I happened to mention the need for a look at what US Government lending regulation might have prevented & nearly got fired on the spot this week. I recall mentioning this in my College Economics curriculum years ago & the …
From the ETF/No Load Fund Investing Archives: Controversial Words Of Wisdom
Mark Twain said it best in this quote: “When you find yourself on the side of the majority, it’s time to pause and reflect.” To my way of thinking, this certainly holds true when it comes to handling your money. There are few advisors and others who don’t believe in the Wall Street induced herd instinct type of investing. It …