Archive for the ‘Investing’ Category
Sunday, May 4th, 2008
A friend at work has mentioned the US Dollar Index a few times in conversation -- mainly with reference to how low it is getting recently. Within the past two months it's touched below 71, which is as low as it's been since its inception in March 1973.
What does ...
Posted in Investing | 1 Comment »
Wednesday, March 19th, 2008
The Dow going up 416 points in one day is indeed a rally. OK. I'll buy that one. The Dow jumping more than that again a week later is also a rally. The Honest Dollar pointed out that a big up day is still a rally ...
Posted in Banking, Investing | 3 Comments »
Tuesday, March 11th, 2008
Tuesday saw the fourth largest single-day point gain in the Dow Jones Industrial Average -- 416.66 points, or 3.55%. Great news, right?When it's due to the Federal Reserve lending banks $200 billion (two followed by eleven zeroes) to restore some liquidity in the financial system, I just shake my ...
Posted in Banking, Investing | 8 Comments »
Friday, February 22nd, 2008
I'm coming to realize that it's probably better to keep my mouth shut about my investments. I've stopped talking so much about what I've invested in, except with a few like-minded friends and relatives (and my wife).Consider this example: Suppose I think that there's a big move coming up in, ...
Posted in Investing | 2 Comments »
