Well then.
That hurt.
I'm tired of the government trying to save me by voting no. It hurts too much.
Screw buying gold. I'm buying canned goods, ammunition, gasoline and water.
The next five years of our lives are going to suck.
Showing posts with label threat. Show all posts
Showing posts with label threat. Show all posts
On Panic in the market
Yesterday was truly stunning to watch. During the last two panics, I did not have a window into the stock market. All my trading was done via broker and my understanding of how hard I was being hit was limited to monthly statements.
Being able to watch this panic (albeit, while I was working) was an awesome sight. Watching nearly every company that I had in my list drop by 5% to 25% or more in a matter of a minute was humbling. Watching it climb was amazing and having almost everything end very green felt like winning the lottery despite being down big for the week.
Of course, the next couple days might be the biggest short squeeze that the world has seen in a while. I cannot fathom the fear that short sellers are feeling right now. Well... Actually I can, it's probably pretty close to what I have been feeling for the last few weeks. I've been trying hard not to panic, but the fear has been as big a part of me as it ever has.
I believe in the market and I believe in this country, but we have been on our way to an ugly place much worse that people have a grasp of. I only hope that this malaise gets a shot in the arm with the action happening now.
People, real people are riding on this. There are those who think that Wall street only affects fat cats and bankers. The truth is that it affects small mom and pops much more. The bankers and fat cats know how to maneuver around these markets. Even the CEO's of the companies that massively failed walked away with more money than I'll ever have in my life. But average investors get chewed up and take their money out of the market in times like this, literally selling at the worst possible time.
The next year is going to be a momentous time. We will either crash massively as a country, an economy and a market or we'll see the bottom of the hill and start a climb back up. My hope is for the latter.
Good luck all.
Being able to watch this panic (albeit, while I was working) was an awesome sight. Watching nearly every company that I had in my list drop by 5% to 25% or more in a matter of a minute was humbling. Watching it climb was amazing and having almost everything end very green felt like winning the lottery despite being down big for the week.
Of course, the next couple days might be the biggest short squeeze that the world has seen in a while. I cannot fathom the fear that short sellers are feeling right now. Well... Actually I can, it's probably pretty close to what I have been feeling for the last few weeks. I've been trying hard not to panic, but the fear has been as big a part of me as it ever has.I believe in the market and I believe in this country, but we have been on our way to an ugly place much worse that people have a grasp of. I only hope that this malaise gets a shot in the arm with the action happening now.
People, real people are riding on this. There are those who think that Wall street only affects fat cats and bankers. The truth is that it affects small mom and pops much more. The bankers and fat cats know how to maneuver around these markets. Even the CEO's of the companies that massively failed walked away with more money than I'll ever have in my life. But average investors get chewed up and take their money out of the market in times like this, literally selling at the worst possible time.
The next year is going to be a momentous time. We will either crash massively as a country, an economy and a market or we'll see the bottom of the hill and start a climb back up. My hope is for the latter.
Good luck all.
Inflation and the Dharma Initiative
I'm not a reall fan of LOST, but I have watched a couple episodes. For some reason, this really reminds me of that show.
Enjoy!
Enjoy!
Was the election fixed?
I just found this and I have to tell you that I'm closer to moving away from this country than I ever have been.
How is this even possible to get through the system...
No...
Check that. The system is peopled with idiots who can't check email.
er... What I meant to say is that "I for one, welcome our new blood-soaked overlords."
How is this even possible to get through the system...
No...
Check that. The system is peopled with idiots who can't check email.
er... What I meant to say is that "I for one, welcome our new blood-soaked overlords."
Atlanta water down to the dregs... (yuck)
Unless you have been ignoring the news for a while or are outside the southern regions, you are probably familiar with the shortage of water that Atlanta is going through.
A friend of mine sent me a link to a story that underscores exactly how bad things are in regards to the dry spell that Atlanta has been going through and I have to tell you friends, this does not bode well.
The article mentions that we are now reaching the point where Lake Lanier is so low that we'll have to start drinking the "dregs" of the lake bottom. If you don't know what dregs are... it's where the stuff that dies off in a lake settles after it stops floating around. It's the part of a lake where the bacteria is much higher and the water requires a lot more filtering to be considered safe for consumption.
I've been stocking up on a few bottles of water to keep the house tided over if this dry spell goes past the point to bad to worse, but I'm beginning to think that the situation probably won't stop at "worse." In fact, I thinking that unless we get some new rainfall soon, the greater Atlanta area needs to look for a new place to find it's water supply from now on.
I should probably be ashamed that after reading the article, all I could think of was this scene from the original Star Trek series:
A friend of mine sent me a link to a story that underscores exactly how bad things are in regards to the dry spell that Atlanta has been going through and I have to tell you friends, this does not bode well.
The article mentions that we are now reaching the point where Lake Lanier is so low that we'll have to start drinking the "dregs" of the lake bottom. If you don't know what dregs are... it's where the stuff that dies off in a lake settles after it stops floating around. It's the part of a lake where the bacteria is much higher and the water requires a lot more filtering to be considered safe for consumption.
I've been stocking up on a few bottles of water to keep the house tided over if this dry spell goes past the point to bad to worse, but I'm beginning to think that the situation probably won't stop at "worse." In fact, I thinking that unless we get some new rainfall soon, the greater Atlanta area needs to look for a new place to find it's water supply from now on.
I should probably be ashamed that after reading the article, all I could think of was this scene from the original Star Trek series:
A very real zombie threat
Ok, so in the post where president bush was mentioning Zombies, I didn't really think that it was a real threat. Apparently I should take these things more seriously. In this article at Cracked.com, there is a detailed threat level for real zombie attacks. I'm going to go hide in the basement.
If only I could find the Zombie survival guide that I have laying around somewhere.
Mmmmmm... Brains.
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