Tag Archives: speculating
Predicting the direction of the Market
Just bought Wall Street Rolling at 10287; will close position just before the close of business on X-Mas Eve – confidently banking profit.
Jesse Livermore’s 7 Trading Lessons
Jesse Livermore’s Seven Trading Lessons:
The late Jesse Livermore is considered one of the best traders of all time. His exploits have been chronicled in several books, with the most widely read being Reminiscences of a Stock Operator by Edwin Lefevre, originally published in 1923.
Livermore was wealthy and broke several times over during his tumultuous life, which [...]
Ben Shannon on his misguided “SELL” stock market call delivered just before the stock market rally
Ben Shannon on his “SELL” market call
Previously: Wiser Than The Stock Market — NOT
UPDATE: Andrew Page + Henry Blodget
Wiser Than The Stock Market — NOT
Ben Shannon (alias “Jesse Livermore”, who blogs at “Wiser Than The Crowd”) claims on his blog to have an uncanny ability at forecasting the future and profiting from it, whether it is speculating on InTrade’s prediction markets or on the US stock market. Here is his stock market call from July 10, 2009:
SELL SELL SELL
REALITY [...]
Sean Park didn’t bribe me to post this web link.
WeatherBill – New user interface – Check it out.
And, of course, they blog.
UPDATE: Sunshine Guaranteed or Your Money Back – pdf
Speculating on event derivative markets is not “investing”.
Ultra pertinent remark from the Club For Growth blogger:
[The New York Post video] is an informative video, but I want to quibble about two things. I view the term “investing” as the act of buying an asset with the hopes of it appreciating in value sometime in the future. Used correctly, you “invest” in a [...]
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