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To: expat_panama

My charts are all wacky. I am sitting this week out. Holding some CVX and COP I scooped for cheap last week.

Real news story for “investors”:

http://www.cnbc.com/2015/08/24/investors-report-problems-with-td-ameritrade-scottrade-amid-selloff.html

Remember most of Wall Street actually believes econ numbers published by the government.


3 posted on 08/31/2015 4:19:10 AM PDT by mad_as_he$$ (Section 20.)
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To: mad_as_he$$
Given the fact that most career folks in the capital markets succeed, (if they didn't they wouldn't be "career" folks), their understanding either is spot on or it's irrelevant.  What I'm seeing is that there's a lot more going over time w/ stock prices than just announcements.  Announcements do in fact stir things up tho, but (again mho) the affect is mostly just white noise static.
4 posted on 08/31/2015 5:10:29 AM PDT by expat_panama
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To: mad_as_he$$
CVX and COP I scooped for cheap last week.

Last week appeared decisively upbeat and now that's all in question.  Well, that's why instead of full-in/full-out we take measured steps.

6 posted on 08/31/2015 5:27:27 AM PDT by expat_panama
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