Having worked in the oil industry from 1975 in Canada [Texaco], NZ/UK and Belgium [BP Oil] and NZ [Castrol] I suspect you have discovered a correlation with the baseball scores which had never occurred to me. There are perhaps two parallel pricings. Baseball scores with oil prices and the Dow. Basketball [actually Michael's score] with the Nasdaq. That is probably because the oil industry and the Dow are stodges who don't like moving much, similar to baseball, whereas Nasdaq is full of crazy techno-freak action figures looking for the latest moves, ideas and thrills. MiCool encapsulates those attributes.
Dogs, and cats, are definitely zen figures and if Jeffery can deduce the correlation of his dog's zen position with a stock, he will be in the money.
A problem I still wrestle with: timing on fear and greed. The time to buy is when the market is feeling fear. When all are in, boots and all, when investment clubs are thriving, when all and sundry are experts on this that and the other stock, when it really is different this time, that is the time to sell. When prices are mangled, recession is all about, when unemployment is up, profits are down, war is on, MiCool quits, and fear is all around, that is the time to buy.
If I decide to buy when desolation abounds, hope is gone and fear is all around, then I am not feeling fear truly, because if I was, then I wouldn't buy. Same for greed; when stocks are profitable, MiCool is scoring, the world is looking good at last, I can't sell then because everything really is good.
There is a paradox which demands one ignore one's best judgement:
1 Qualcomm is doing great, problems are solved, customers flooding in, at last the profits are coming and I will enjoy the fruits of my patience; so sell!! Eh! I can't, it's all going well at last. I must be mad.
2 Oh oh! The CDMA technology doesn't work, MiCool's Dad has been killed, war is on in the Gulf, oil prices are up, customers are going to GSM, the economy is in a funk and Boris Yeltsin is in love with Hillary and wants to duel with Bill; so buy!! Huh! Are you off your trolley? Moron!
Could the meister resolve the dilemma. With the attention span of a hummingbird heartbeat, you must have real problems lying in wait for a stock to bounce along the bottom for a year and a half [the approved stock downfall period according to the meister]. Because of your limited attention span and I had forgotten the question, it is: How can I buy when I am truly fearful? How can I sell when all is so good? Oopps. That is two questions. Umm. Maybe the question is simply; how can I do the opposite of what I think I should? |
