Ever the gunslinger….

True to our heritage as motorcycle riding, bull running, bungee jumping, hang gliding, fire walking adverturers we bought another lottery ticket this morning.  You can now buy the new GM…

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Surprise, surprise.

Against all reasoning the market has broken out of its range and appears headed higher.  We have already commented that portfolios should be hedged with well chosen longs.  We are…

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What were they thinking?

Sometimes it's difficult to comprehend trader behavior.  Yesterday they bought stocks like the bear market was over.  For no rational reason.  Oh, yes, consumer sentiment, supposedly.  Didn't they know yesterday…

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