A couple of days, I did a post in which I mused about “One Possible Path“, which included this critical element that would precede a market tumble:
Well, maybe we’ve already got our “something”. (more…)
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Trofim Lysenko: Intellectual Predecessor To Google CEO Sundar Pichai?
In the late 80s, one of the coolest (and, in spite of a shaved head, loveliest) singers was Sinead O’Connor. It’s terribly sad to see how her mental illness has tormented her (as shown most recently by this video). Here’s a link back to happier times, showing her amazing talent:
There are two things saving my butt today: my PAA short and my precious metals positions. I’m long DUST and JDST, as well as short GLD.
In spite of the record-highs-everywhere in equities, I’d like to quietly point out that on the small caps, we did in fact break a crucially important trendline, and we are rallying beautifully to its underside.
Good morning, Slopers. The bright spot for me today is my short position is PAA, which is a stock down nearly 20%. What I found amusing is the analysts stumbling all over themselves to update their completely inaccurate predictions with lower-but-more-plausible predictions. Here’s a gem from Baird: