|last edit 1124||days ago|
The Secret of Happiness for Dumb people
Today, I discovered one of the timeless truths of the universe. It is something all of us have known, but have forgotten as we grew up. I wish someone had told this to me explicitly, and repeated it during times of stress. It would have made my life much easier.
Our "self" consists of three parts: the past, the... read more
I turned out to be wonderfully lucky in 2010. All the trades I made were great, and the VXX short made me over a 100%.
Just want to jot down my thoughts for 2011.
1. Gold is gonna go down. People will book profits early in the year. My guess is a 20% decline in Q1 2011. On that note, I just shorted a bunch of DGP.
2. US Stock market will likely go up in Q1 and Q2 and then stay flat. Will... read more
Everyone seems so pessimistic these days. It's almost as if the market is unsure of its own worth, and feels sinful for returning so much in 2009. The DOW is at the same place as it was a decade ago -- but that hardly tells the story.
Anyhow, the prime concern of the day seems to be that we will witness a crash-a-la-1987 very soon (in the next 2 weeks). It's... read more