Waddle your tootsies carefully. October 19, 2009

Okay, so for all those who decided to play it safe during the last couple of weeks of earnings reports by pulling their money out and tucking it under their mattresses while we figured out which way the wind was blowing on Wall Street, you have my blessing to waddle your tootsies back in the [...]

Sharks! Sharks! – Get out! October 1, 2009

For all those who have listened to me over the past few months and dipped your tootsies into the water and made some nice profits — it’s now time to consider pulling your money out for a while and staying safe on the sidelines — especially if you aren’t a more seasoned investor buying options [...]

Get off the fence & jump into the wading pool – NOW September 8, 2009

I sometimes struggle with the fact I block all the messages in this forum, because some of you are really great investors who have phenomenal track records, which could really benefit novice investors.
But because this is the worldwide Internet, and I really want to keep this forum as a place where newbie investors know they [...]

I may not post every day – but you should still be doing your due diligence August 19, 2009

While patronizing a smalltown New England library last week, a librarian approached me to ask if I was interested in purchasing a raffle ticket for a community fundraiser.
As I gave her my $5 and filled out the required name/address info where they can contact me in case I win something, she said, “I’ve heard you [...]

Sure hope you’re trading this market August 6, 2009

I haven’t been updating here as often as I should.
A big part of the reason is because I don’t want to rub salt in the wounds of those who’ve ignored my pleas over the past couple of months to get into this market,
So let me instead focus on those who have heeded my advice in [...]

Unless your first name is “Warren” and your last name is “Buffet” … July 27, 2009

If you’re reading this, there’s a good chance your first name isn’t “Warren” and your last name ain’t “Buffet.”
So why in the world are you so intent on trying to ride the coattails of the big dogs?
That’s the last thing you should want to do.
If a stock was trading at $10 and Warren Buffet or [...]

Still trying to ride those coattails? Don’t do it! July 22, 2009

I told you so.
I know – as my mother told me since I was a kid — nobody likes someone who thinks they know it all.
But, I digress, that the more research you do about trading in this market — the better your odds are of making a profit — and avoiding a pullback.
So, if [...]

The street “should” have a bullish day today July 16, 2009

With a positive earnings report just released a moment ago from JP Morgan this pre-opening bell morning, put together with the S&P over 900 — the market should have a nice bullish day today.
“Should,” of course, is the operative word.
As we all know, if one shoe drops anywhere in the market — anything can happen.
The [...]

Bloomberg posts speculative story about CIT July 16, 2009

Interesting Bloomberg story tonight “CIT Calls Bailout Unlikely, Fueling Speculation of Bankruptcy.”
The usual disclamer: Don’t base any investment decisions on anything you read here — do your own due diligence — or at least enough research to pick the right professional to do it for you.

With Wall Street acting more like a rotary — take a walk down Main Street July 13, 2009

Good early pre-opening bell Monday morning to everyone. I hope you had a phenomenal weekend of surfing, swimming, boating, bbq’ing, visiting artist studios, dancing by the ocean to a live band playing classics from the ’40s and ’50s and just enjoying the beautiful weather we’ve been having with family and friends — I know I [...]