Posts Tagged ‘ Day Traders ’

Flip This Economy

By
January 5, 2012

An old pearl of wisdom from the Great Depression held that investors should have known it was time to sell when shoeshine boys started handing out stock tips. The day traders of the late-1990s were a recent version of the same phenomenon. When the ...
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Syria shuts down internet

By
January 28, 2011

I wonder what the day traders are doing in Syria today. http://www.zerohedge.com/article/next-domino-syria-shuts-down-internet-service
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Dancing the Con Con

By
August 26, 2009
Dancing the Con Con

Over the years I have frequently pointed out what a stupid indicator the Conference Board’s Consumer Confidence indicator is, at least when it comes to the stock market. It’s like a dog chasing its tail. The Con Con, you see, follows the market. Then, each and every month for a half hour or so...
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