Yankee Bob on Evil

Yankee Bob’s latest comments (yesterday) are today’s feature editorial.  Lots of you make really thought provoking and outside the box comments and you should always check out who is saying what about stocks, (see PaulR’s recent comments) economics and politics. Bob’s comments seem to flow from a statement by another blogger D. “I’m so sick of those who are blinded by their emotions and stereotype one side as all evil and the other as all good.”

There is a difference between personal behavior and institutional behavior. The individual s who brought us the financial disaster and needed bailing out are not necessarily evil. They just operate within an economic section that itself is dysfunctional.

The individuals play by the socially accepted standards of their small group in the financial world. It’s the standards of the group, the sector, the institutions of finance, must be changed before we see a change in the individual corporate officers. The institutions have been rigged to select those junkyard dogs who are able to game the system for the biggest gains,no matter how risky or dysfunctional for society. Then when they are successful at it,the junkyard dog expects his just due,..huge bonuses and is perplexed when the victimized taxpayers don’t like him because he did as his sector, his small group expected him to do and he was damned good at it.

That social sector, financial executives, looks at the public as sheep to be shorn, not helped. These people are not evil . They operate in a world that has different expectations then the public. The group dynamic has to be changed,…not the individuals.

See part 2 in the comments section of blog

* What Yankee Bob says holds for everything except the beloved saintly Boston Red Sox and the forces of Darth Vader & the evil empire the New York Yankees

KISS & Stocks (Keep It Simple Stupid)

If you don’t understand a term look in up at Investopedia.com dictionary


Index Percentage Volume
Dow +0.41% up
NASDQ +0.67% up
S&P 500 +0.78% up
Russell 2000 +0.77% -

Investors411 record – 5 years of beating benchmark S&P 500 and almost all major US indexes

Technicals, Fundamentals & Analysis

See PositionsStrategy , and Overview for changes made over weekend. (No changes this weekend)

Volume was moderately higher as stocks advance yesterday. The Fed decision to basically leave the change in interest language alone was well received by investors and sparked the rally. How markets react to news is often a future indicator of short term market direction.  Since the Oscillator Investors uses is not yet overbought we have some wiggle room for stocks to move higher in the short term. See read of tea leaves below.

Significant Indexes

  • McClellan Oscillator rose to +44.11 yesterday. We still under +60 or Overbought territory and the recent high of over 75.  StockCharts has a better version of the McClellan chart ($NYMO) LINK. Two weeks ago week the NYMO reached a high of 75.33.


The  Positions Section = latest buys and sells – (Revised positions last weekend) - These are positions I actually own

Short term traders – To be a short term trader you have to realize just how much more the vast majority of investors/institutions know about the stock/ETF  you’re investing in than you. What you can do, because these sharks invest so much money, is follow their footprints.  What Investors411 hopes to do is educate on how to follow those footprints and see the direction they are headed. You have to realize the significant risk and potential leverage problem in holding high beta (volatile ETF’s and stocks) short term positions overnight. You have to have a better understanding of fundamentals behind any positions or ETF’s mentioned in Investors411. You also have to have an exit the position plan in advance.

Best Read of the Tea Leaves = The rally predicted for this week was reinforced by the Fed decision not to change language about leaving interest rates alone. I’m going to try to play TYH again on a small dip (if it happens) and sell it when markets get oversold. Again I’ll have a tight 3% stop.  The mistake was not to invest in a stock or ETF yesterday after it became obvious that US markets were reacting positively to what the Fed said at 2:15 EST.



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