About The Blog

Updated Sunday, January 24, 2010

Please see my updated thoughts on the markets:

For the bullish case: HERE
For the bearish case: HERE (this is my highest probability scenario at the moment)

I created this blog for three primary reasons:

1.- To help those who have lost so much of their investment capital as a result of the financial crisis
2.- To help myself be accountable for my trading results/predictions
3.- Just for fun!

WHAT HOUSING BUBBLE?

The mainstream media, central bankers and highly paid financial analysts had most people convinced in October 2007 that the fundamentals of the world economy were intact, only to realize in early 2009 that they were completely and utterly wrong - a mere year and a half after the fact.

Now in June 2009, we are being told once again that the economy has miraculously recovered from THE largest boom/bust cycle in human history. Why on earth should any of us believe the same group of people who failed to inform the general public back in 2007? The reality is you should not.

TAKING RESPONSIBILITY

"Change starts at home" as the saying goes.

A paradigm has been created, particularly in my generation, to blame others for one's failures. The reality of the matter, however, is realizing that everything that has happened to you is a direct result of your actions and thought processes. You yourself are responsible for the losses incurred during the crisis.

Out of the many positive things that come out of this crisis is my hope for a trend towards self-directed investing. If 2008 is any indication that no one is more vested in your investments than you are and that the Wall/Bay Street bunch are just as accurate as the rest in picking market direction, this should provide you with incentive to take charge of your financial future.

INVESTMENT THEMES

The $64,000 question is 'What do I invest in now?'. I will tackle this question on an ongoing basis and hopefully provide decent ideas that some of you can take home. I don't expect to be right 100% of the time (remember that successful trading/investing is NOT about being right - it is about finding and executing a sound methodology and sticking it to it).

I will accompany my opinions with my own portfolio percentage allocations for full transparency and disclosure. I do put my money where my mouth is.