Monday, December 05, 2005
Flu-y
I am feeling a little under the weather but through the fog I thought I heard Michael Thompson from Thompson Financial say the bad news is hard to find and that this is contributing to his bullishness.
I don't know much about Mr. Thompson, how smart he is or if he has any track record for being right. All I do know is he is on TV a lot and I have only seen him be bullish.
It is possible that being wildly bullish will turn out to be correct but not being able to find the other side of your opinion makes absolutely no sense to me and is actually hard to believe. There are plenty of things out there right now to make someone bullish and there are plenty of other things to make someone bearish. That should usually be the case
If you manage your own portfolio, you should be introspective enough to understand the other side of your trade, if for nothing else than to give your belief more conviction.
One other thing from my sick-couch; is it me or is the argument that more Americans are working today than ever before empty? Isn't the US population always growing? A lot? Maybe there is a real jobs story going on but the more American than ever business is not it.
Back to sleep.
I don't know much about Mr. Thompson, how smart he is or if he has any track record for being right. All I do know is he is on TV a lot and I have only seen him be bullish.
It is possible that being wildly bullish will turn out to be correct but not being able to find the other side of your opinion makes absolutely no sense to me and is actually hard to believe. There are plenty of things out there right now to make someone bullish and there are plenty of other things to make someone bearish. That should usually be the case
If you manage your own portfolio, you should be introspective enough to understand the other side of your trade, if for nothing else than to give your belief more conviction.
One other thing from my sick-couch; is it me or is the argument that more Americans are working today than ever before empty? Isn't the US population always growing? A lot? Maybe there is a real jobs story going on but the more American than ever business is not it.
Back to sleep.
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1 comments:
This flu could be serious. Keep in mind the symptoms of bird flu:
High fever
Shortness of breath.
Urge to crap on windshields.
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