Friday, April 19, 2013

THE OTHER FRIDAY READ

GOLDMAN SACHS RECEIVES FOMC MINUTES EARLY
http://finance.yahoo.com/blogs/daily-ticker/don-t-trust-market-not-alone-good-reason-151040450.html

YOUR ZIP CODE OR PRIVACY
http://money.cnn.com/2013/04/18/pf/data-privacy/index.html

ONLINE HEATS UP
http://www.reuters.com/article/2013/04/10/us-socialmedia-behaviour-survey-idUSBRE9390TO20130410

LOOKS AS IF OFFLINE IS HEATING UP TOO
http://www.testosteronepit.com/home/2013/4/14/europes-stark-choice-resignation-or-revolution.html

MORPHING KNOWS NO BOUNDARIES
http://www.burtprelutsky.com/

MORPH IS TO GOAL AS
http://www.zerohedge.com/news/2013-04-18/guest-post-goal-destroy-all-constitutional-culture


FOR AWHILE

A friend who really liked the ladies told us years ago, it's not what comes before, but after the but that counts, as in: "You're a really nice guy, but......."

It turns out over the years that's been a pretty decent philosophy when it comes to making money in the market.

Run a little test the next few weeks and count how many negative headlines you see about metals and mining stocks. Now this isn't a spinoff of the noted magazine cover indicator. It's a necessary precursor.

Pundits love to be right. And so does nearly everyone else. People also like confirmation. And that's fine. It's a plausible, understandable character flaw.

Confirmation and loneliness are polar opposites. Depending on your viewpoint both can make you feel good. We usually feel best when we're the loneliest. And we have a feeling we're going to be feeling that way about certain segments of the market for a while.

If we're really, really lucky for a while will translate into just enough time to build a nice position before the unexpected happens.





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