My holdings are down ~50% this week. Such fleeting exuberance I had 6 months ago, such nebulous hope. It is just not as much fun as the track. At least there, you get to see the jockeys fall off of their horses. Watching the numbers turn red on the board is just boring. Though, I thought that it was funny that Washington sent the automotive executives home on their private jets to come up with a business plan. Wankers.
So in lieu of any meaningful analysis, some exciting video in representation of the markets this week.
The TSX is up some today, but yesterday it sure looked like the above video - with the same cartoonishness. I bet that it goes below 7000 on Monday.
What to do with that leased BMW that you can no longer afford. Strangely, I found the denouement to be funny in its impotence.
really...
comments and submissions
All comments are welcome.
Please keep it civil, no flames, and no spam.
contact
"When we are in the middle of the paradigm, it is hard to imagine any other paradigm" (Adam Smith).
Please keep it civil, no flames, and no spam.
contact
"When we are in the middle of the paradigm, it is hard to imagine any other paradigm" (Adam Smith).
links
- vancouver condo info
- rob chipman's
- mohican's housing analysis
- condohype
- things by coco
- van re anecdotes
- will wertheim (stats)
- paul b's north van condo's (stats)
- cheap realty
- victoria's truth
- house haunting in victoria
- Santa Barbara Housing Bubble Blog
- real estate talks - BC
- stephen rees on transportation, etc.
- bubblemeter
- wikipedia
- dictionary.com
ask, and get an answer
powered by Answers.com
5 comments:
Down 50% this week? Ouch. Add that to whatever you were down before and... well, I guess we do not discuss anything after September.
What to do with that BMW on payments? Sad thing is that so many who are/will be hurt in all this never took any joy or benefit and will/have lost their jobs in restructuring/closings (I know several).
Will - I am a contrarian in most things - "investments" included. Strangely, my holdings have stood up well, until now. I see that as a harbinger. Long-term though, I expect to win.
Sad thing is that so many who are/will be hurt in all this never took any joy or benefit
That is indeed sad. The MoFo's make out like bandits, and the little guy gets crushed. Welcome to the New World Order.
"terrified", "urgent", "volatile", "slashing prices", "frightened", "scared", "big cash-flow problems" - all heard in the first 7 minutes of CBC's The National, in reference to the "credit crisis".
MSM are starting to freak out
those videos are really fun. I bet they were fun to make too.
Best to laugh at this all rather than follow the doom and gloom path.
Best to laugh at this all rather than follow the doom and gloom path.
I can laugh, when things ain't funny...
Post a Comment