A Few Words on Prediction Markets
A recent conversation with a friend made me made realize how easy it is to be misinterpreted, especially on more complex issues. Let me...
Conundrum Revisited
There were several things we didn’t get to discuss last night regarding the Conundrum discussion. 1. Demand and Supply...
Nasdaq streaks
Up until yesterday (5/25/05), the Nasdaq Composite had risen for eight straight days: click for larger chart Source: Mike Panzner...
Apprenticed Investor: Don’t Speak (part II)
The latest "Apprentice Investor" column is up at TheStreet.com. It looks at the "10 worst things investors...
Don’t Fight the Tape
Early in our career, we learned the importance of recognizing when the market was telling you that you were wrong. While some people...
Chart of the Week: Nasdaq – 6 Month Chart
Last week, the Nasdaq Composite burst through what we described as a “confluence of technical factors:” 200-day moving average...
Asset bubble theory
Interesting discussion of hedge funds and housing by Tom Abate at the San Francisco Chronicle. After what’s come to be the usual...
Comparing Real Estate with Equity Market Capitalization
We previously noted the issue of any asset class which approaches 140% of GDP. Mike Panzner does the same comparison, but from a...
Tape vs. Growth
Since March 29, I’ve been pretty vocal in a Bear call. And to be brutally honest, I do not place a whole lot of faith in recent...
Line is the Sand has been crossed
I’ve been out of pocket most of the day — I have access to a PC for only 5 minutes — but the market crossed my...