RANDOM THOUGHTS ON MR. BIPOLAR
Courtesy of The Pragmatic Capitalist
- As I traded HK time last night I mentioned that this market is like a bewildered drunk who can’t find his way home. There was no way those 80 points down were going to hold on….The bears never had a chance with Mr. Bipolar hitting the bottle so heavily in recent days.
- My concerns about “better than expected” this week couldn’t have been more right. So how come my portfolio is flat on the week?
- How long can the market trade higher on a crashing dollar and soaring oil prices – both of which are an inherent negative for the U.S. consumer?
- The Baltic Dry Index continues to crash. Does it even matter to Mr. Bipolar?
- The assault on the commercial paper market is relentless.
- Hong Kong finished in the red again last night. How long can this be ignored? Or is it Shanghai we should be worried about? Or is it the Shenzhen we should focus on? What about the A shares, H shares….Don’t worry, it took me years to understand the markets in Asia….
- Is the Goldman Sachs 1060 price target 2009’s destiny? Lord knows they’ve gotten everything else they asked for this year….
- It’s amazing how quickly sentiment changed last week….
- Was I being too conservative with my SP 1,000 target?
- The urge to jump in the water is strong, but robots don’t function well in water. I remain mechanical in my trading. Is the risk of the next 5% worth a potential 10% decline?
