Below is a response I posted to the IV RMBS Message Board to an off topic (OT) post about tax rates in the Clinton administration vs our current administration.

Please feel free to comment, we all learn something about investing from these types of discussions though the lesson may not occur to us until sometime down the road.

Coach BD

continue reading "Personal Commentary - Taxes & Politics"

Not much of any consequence happened Thursday or Friday.  We got a pullback which was not unexpected based on those two consecutive big rally days Tuesday and Wednesday.

On to August, now for the bad news, at least historically…

Since 1987, August has been the worst month for the S&P, second worst month for the DOW, and the third worst month for the NAZ.  Although the last week of trading in August has been UP the last four years in a row.

I certainly wouldn’t be betting against that stat, at least not in this current market environment.  So we will keep searching for ST trades that the market will serve up while things are bad…  shorts, earnings, badly beaten good stocks, etc…

Coach BD

Thanks to Steve for this great article on our current credit crisis by Bob Hoye.  Steve believes…  “Bob Hoye is the best market historian I have read” .

Coach BD

http://www.safehaven.com/article-10890.htm