Here are some of the articles I’ve been reading throughout the blogosphere. Have a great last day of September!
- Taking a loss can be devastating to some traders. LuckyForex has a nice article on the psychology of finally accepting a trade that puts you in the red.
- Everyone knows the housing market is bad and credit markets aren’t doing much better. Then why would the National Association of Realtors tell everyone everything is fine and getting better? The Big Picture has a nice rant on the NAR’s assessment of the housing market.
- Speaking of the housing market and the NAR, Jim Cramer went up against the 2008 President-elect for the NAR on the Today show. The NAR, among other realty groups, were upset at Cramer’s comments regarding the housing market possibly recovering next year and that no one right now should buy a home, less they care to lose money. The videos can be found on MSNBC under their video tag.
- Stock Trading to Go has a great interview with Timothy Sykes, the author of American Hedge Fund. From STG’s site: “Timothy turned $12,000 of Bar Mitzvah gift money into $2 million trading thousands of stocks from 1999-2002, managed the #1 Short Bias Hedge Fund from 2003-2006, starred in the television documentary Wall Street Warriors, and appeared regularly on
CNBC all before the age of 26.” - The Carnival of Twenty Something Finances was hosted by How I Save Money. Great list of informational articles to read up on from your fellow bloggers.
- Some money quotes posted by My Saving Place.
1. First off, nice blog – bit heavy on unused ad space on the right there, have you considered using Google’s Advertising software instead or at least simplify that shit, its too much and nobody will want to advertise if their ads won’t be seen.
2. Title of this post is October 30 when its September 30
3. Update your portfolio damnit I want to know how its going, funny you’ve only flown once in your life and yet you seem to be trying to get into Boeing for the Dreamliner.
4. I like the merrill-lynch bull you got – does it turn into a dancing chicken though?
Comment by Ryan — Sunday, September 30, 2007 @ 3:12 pm
1. Thanks. I may have to use Adsense or other ad programs as placeholders to represent where ad spots would go.
2. Got it. Woke up sleepy this morning.
3. I’m working on my quarterly progress report. My graphs have full disclosure to my holdings. I’ll include numbers this update.
4. I wish there was a golden bear picture. Oh well.
Comment by Jorge — Sunday, September 30, 2007 @ 3:45 pm
Hi Jorge, did you see this video yet? Kramer vs NAR – it’s funny:
http://housinglotonline.com/jim-cramer-vs-nar/
Comment by Susan Suarez — Tuesday, October 2, 2007 @ 11:34 am
I was waiting for the video to be posted somewhere. I was upset because I’m a good college student and go to school early so I missed it. But yeah I caught the video. I felt really bad for the NAR fellow. They’re so out of touch with what’s going on it bothers me. I think I understand now why I don’t really trust realtors. Great find!
Comment by Jorge — Tuesday, October 2, 2007 @ 11:47 am