The Daily Web Log for Prepared Individuals Living in Uncertain Times.
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6 Comments
Saying that the Fed ‘tinkers’ with financial markets is like saying that the U.S. ‘tinkered’ with Hiroshima on August 6th, 1945 !
Thanks. I needed a laugh!
That was a good one!
The Slow Death Of Californian Oil & Gas
And
Is This A Gamechanger For The Lithium Industry?
Nice juxtaposition. Hint: There is a generational investment in here somewhere if you are young enough.
The “news’ keeps saying that the markets are making new all time highs. On a percent basis this is questionable. It could actually be a dangerous double top from which, when it happens, a pullback usually exceeds the prior low, in this case the pullback was 20 percent from the prior top, now resistance, so if meaningfully new highs aren’t achieved pretty soon a very nasty downdraft would likely ensue. Just another tricky spot.
I scored one on the cheap recently. I will not disagree with it maybe increasing in value. We typically don’t buy Seiko’s because they increase in value, or rather it takes quite awhile. I recommend Seiko’s because a Seiko dive watch is without doubt one of the most robust rugged watches for the buck. It could quite easily be the last watch you’ll buy. I see them all the time from the Viet Nam era, still ticking away. I have suggested them to peeps when asked about what watch to buy and always recommend a Seiko diver. They are that tough, and glow like 3 mile island(A reference for the older reader). Stainless steel and automatic movement, just makes sense…as always YMMV
Having read this I thought it was really enlightening.
I appreciate you taking the time and energy to put this content together.
I once again find myself personally spending way too much time both reading and commenting.
But so what, it was still worthwhile!
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Saying that the Fed ‘tinkers’ with financial markets is like saying that the U.S. ‘tinkered’ with Hiroshima on August 6th, 1945 !
Thanks. I needed a laugh!
That was a good one!
The Slow Death Of Californian Oil & Gas
And
Is This A Gamechanger For The Lithium Industry?
Nice juxtaposition. Hint: There is a generational investment in here somewhere if you are young enough.
The “news’ keeps saying that the markets are making new all time highs. On a percent basis this is questionable. It could actually be a dangerous double top from which, when it happens, a pullback usually exceeds the prior low, in this case the pullback was 20 percent from the prior top, now resistance, so if meaningfully new highs aren’t achieved pretty soon a very nasty downdraft would likely ensue. Just another tricky spot.
I scored one on the cheap recently. I will not disagree with it maybe increasing in value. We typically don’t buy Seiko’s because they increase in value, or rather it takes quite awhile. I recommend Seiko’s because a Seiko dive watch is without doubt one of the most robust rugged watches for the buck. It could quite easily be the last watch you’ll buy. I see them all the time from the Viet Nam era, still ticking away. I have suggested them to peeps when asked about what watch to buy and always recommend a Seiko diver. They are that tough, and glow like 3 mile island(A reference for the older reader). Stainless steel and automatic movement, just makes sense…as always YMMV
Having read this I thought it was really enlightening.
I appreciate you taking the time and energy to put this content together.
I once again find myself personally spending way too much time both reading and commenting.
But so what, it was still worthwhile!