I notice that GLOOM AND DOOM is back at the number one spot, in the
ever unpopular Yahoo Short Selling Groups catagory.
For a while, Short Sharks took over the number one spot. But, they have since "disappeared" apparently. Probably, "went public" or
maybe "private?" Way too popular to be of any value in my opinion!
Amazingly, Short Sharks could tell you exactly when a certain 6 cent
penny stock was going to go to 8 cents! Alas, there is still plenty
of demand for "tout sites" on the Internet.
Here at GLOOM AND DOOM the approach to stocks is less certain.
I've tried charts, and fundamental analysis, and momentum, and candle
sticking, (I almost burned the house down with that one!), nothing
really works.
SO, I'VE TAKEN THE DEFAULT POSTION OF MACRO-INVESTING. THAT IS, JUST
LOOKING FOR THE BIG TRENDS, AND FOLLOWING THE INEVITABLE. CALL IT
INVESTING BY THE TEXTBOOK.
FOR EXAMPLE, WITH MR G AND HIS BELOVED OVERFULL PUNCH BOWL, AND OUR TWIN DEFICITS; WE CAN SURMISE THAT THE DOLLAR WILL BE WEAKER.
AND THUS, THAT INTEREST RATES WILL BE HIGHER; AND DEFINITELY HIGHER THAN ONE PERCENT! EVEN PERHAPS A LOT HIGHER,.............sooner or later.
The problem is that, in the short and medium terms, the market is
totally RANDOM. Or worse, CONTRARY TO MACRO ECONOMIC RULES, because,
in the shorter term, the markets are controled by the market masters,
the hedge funds, or even the central banks and their shills.
THIS IS WHY SHORT AND MEDIUM TERM INVESTING ARE SO ANNOYING.
Everyone knows that the current "boom" doesn't quite pass the smell
test. It's way too reliant on Greenspan's "easy money." But, alas, you can't trade on that information.
Speaking of macro-investing, Bill Gross is featured in the weekend
FT. He says that, even as a life long Republican, he's considering
voting Democratic this year!
Gross calls Dubya: "The President for the Rich!"
Hmmm....I thought Dubya was the president for the "religious?"
Indeed, many this week have been saying that Dubya is perhaps most
religious president in US history! Hmmmm......?
But still, Dubya's kind of religiosity is highly suspect to me.
Dubya was not born religious.
He was never a religious scholar, or a student of theology.
DUBYA ONLY BECAME RELIGIOUS, LATER IN LIFE, TO HELP HIM STOP DRINKING!
Dubya's religious sensiblity seems like; FAKE IT TILL YOU MAKE IT!
THOSE WHO ARE TRULY RELIGIOUS SHOULD TAKE NOTE OF THIS SUSPECT
CHARACTER TRAIT IN DUBYA;
WHEN DECIDING WHETHER "COMPASSIONATE ONSERVATIVISM" IS APPROPRIATE FOR A TRULY "BORN AGAIN CHRISTIAN."
Because, false religion is worse than no religion at all in my view. It smacks of Hucksterism and Hypocrisy,....two traits that good people usually condemn.
