Archive for May, 2008
Sell Stocks in May and Go Away
The old Wall Street saying “sell stocks in May and go away” may have more than the usual ring of truth to it this year.
The unleashing of massive liquidity into the world’s financial system, lead by the United States Federal Reserve Bank, has brought about a heady sense of euphoria among investors. The quarter of a basis point cut in the federal funds rate to 2% announced at 14:15 hours on Wednesday afternoon was enough to cause yet another celebration on Wall Street with the Dow advancing some 189.87 points to close at 13,010.00 on Thursday. This sizable rally occurred even though the Fed indicated that the aggressive round of interest rate easing was near an end.
1May2008 | taipan | 0 comments | Continued
Barack John
Left and rights of passage
Black and whites of youth
Who can face the knowledge
that the truth is not the truth?
Obsolete ...
Hi Taipan- I just found your blog. I think your thoughts are right on the mark. It's not ...
Hello Eugene,
Thanks for taking the time to read the post and for your comment.
Sadly, most Americans are still in a ...
Quite right,too.
When confronted by such experts I immediately ask why, if they're so clever, they're working ...
A very interesting and informative post, Taipan, even if depressing.
I'm certain I don't fully understand all the intricaties of ...
This is nice blog that is related to Stock Market Investing Courses that Investing in stocks is a more risky ...
