Welcome to pisto.net
pisto=money in Guatemalan spanish
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--------Welcome to the pisto weblog. Here you will find rants about life, pisto and other things, please let me know if you want to become a member e-mail jchajon at pisto dot net
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Tuesday, May 12, 2009
The market keeps going up, and the shorts are destroyed....
The talking heads are calling it the "start" of the "new bull"
I just have a question is it all bull?
Never consider anything you read in a blog or website as investment advice, make your own decisions and lose money on your own *(so you dont have anyone to blame later)
9:11 PM
Saturday, May 09, 2009
Maybe we are in a bull market... Yeah, It seems like it is going up forever...
I am so confused, I have to admit that I have handed my head to the executioner (the bulls) by being short, or maybe I am just jumping the gun!
Hey I have the right to be stupid and act in a contrarian way. Maybe that is why I do not work at GS and I am the reason of the saying: There is a sucker born every minute....
Happy investing and trading to all!
12:23 AM
Saturday, March 28, 2009
Why don't we think for a while?
Suppose this is the bottom, and that a Bull market has already started....
How are we supposed to trust the credit markets to get rolling again and the corporations to start getting the right E's that belong to the P/E's...
I guess I do not have the superior intellect or education to understand this, but it seem like this time is different, and that we are not in the middle of a regular cycle in the market.
Economists have all these beautiful theories, but when you go out in the street and look at the for rent/sale signs and the unemployed, you would not think that everything is going to be OK, specially when the taxpayer is bailing out the smartest and most financially savvy people in the world....
Once again, maybe I do not get it, because the game is going to change drastically from now on.
Maybe there will be better financial regulation, oversight and transparency on and by all the players.
Or maybe it is just wishful thinking.
11:23 PM
Saturday, August 23, 2008
Well, it is time to tell it like it is....
After a lot of maneuvers, Hank, Ben and their boy Geithner have accomplished the following:
A good save of Lehman
Inflation, probably stagflation
Wild girations in the markets
A good save of the financial institutions
A remarkable Bernanke Put...
I have been absent due to several work duties that kept me away from posting market commentary, but stay on track and remember that discipline trumps conviction....Labels: market bernanke crash 2008
10:21 PM
Sunday, October 07, 2007
Well, the cut came, the rally came, but personally the recovery came too late after I sold positions and fixed the losses ahead of the double top.
Because of the psycological fixation to self recovery and annal retentive pervasive instinct, I would like to see all the doom and gloom crowd be right for October 2007.
I have seen, read and analyzed so much bull crap about the similarities between 29 87 and 07 that even though I have some experience in this racket, I am as confused as a newbie.Labels: cut ben ber anke marketbitch
5:13 PM
Saturday, September 15, 2007
Trading is about learning how to lose right. Everybody can learn how to win, but the losing part is the interesting and profitable thing.
Waiting for Super Tuesday When Doctor Benber N Anke is going to rock the financial markets.
25 50 or zero bp? does it matter? Will we see the Bernanke put?
What an exciting weekend, all the angst and agony of waiting...Labels: wall street bernanke
12:25 AM
Wednesday, July 25, 2007
Buying opportunity or the beginning of the End?
DECIDE and make a lot of money, or better yet loose some.....Labels: dow 14000
1:24 PM
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