Friday, May 30, 2008

MS Market - Oil, Commodities

Ms Market is at it again. That fickle filly is racing up and now down like the thorough bread that she is! Blink and you missed the race. Gold is $1000...oops $850. Oil is $135 and off to $200...oops. BUY the Dry Shipping Sector because of Steel demand in China ... oops bale ship...Commodities are down...but shipping is not a commodity...so...Ms Market says it is...DROP.

Does any of what I just said make any sense? If it does, you are nuts!

Carry on Ms Market...I still love you. However, I am exhausted from swinging back and forth in the market. Please, take a Valium...I want to go on vacation. Actually, I have a nice beach house in Europe...want to come?

nb

Sunday, May 18, 2008

Mr Market

In my view there is no Mr Market but there is a MS Market. The Market is definately female. She is impossible to read with preciseness because she is constantly changing her mind. The only sure thing about MS Market is that she is smarter than you. She is always right and if you get too "cocky" she will put you in your place.

There once was a Mr Market but he quit after the crash of '29. MS Market took over in the chaos that followed and calmly led stocks to spectacular growth. MS M doesn't do jumping out of windows, she has stayed calm through 80's crash and brought stocks up to unbelievable heights. I never fight with MS Market because I know I would lose. I know she will kick my butt if I do and I know that wherever she takes stocks, that is where they should be at that time. So, I yes her to death and say thank you and please, I open the door for her and send her little presents in the form of bad investment decisions. You have to treat a Lady right if you expect her to put out!

So dear Lady, change you mind, be fickle, do one thing today and do a 180 the next...it's all good. You are right Honey. Yes, yes, yes! Be bop you're my baby, be my baby now. Thank you for your recent incredible generosity...it was very very good for me. Indeed, I want to tell you something...I LOVE YOU.