This market sucks. And that's why I love the markets so much...sometimes they encourage you to go read a long non-business book, play a PopCap.com game, or take a long hike with your kids.
For reading, I've been reading J. M. Barrie's Peter Pan to the kids for bedtime reading. It's free via the iBook store, and it's a cool un-adapted-for-new-audiences story. For PopCap I'm stuck on Plants vs. Zombies, a delightfully maddening title which can be a source of wasted hours...or a rapid training ground for young minds eager to unknowingly learn the military arts of asset allocation, supply logistics and battlefield strategy (that's how I explain it to the boy's Mom... ;-). And finally, hiking, well heck, its Summer!
Personally, with the markets, I'm finally in a holding pattern. No buying, no selling...and it's about time too. I've been way too "day trader" (though, not really), and not enough Berkshire Hathaway buy-and-hold. All my options have months before expiration (hopefully that's good), and stocks are locked down to the bare essentials: FB -- I bought in a 43, but kept buying down, so that I'm about even now -- and CROX, which I've considered a long-term holding in a fairly sound globally-based retail gamble.
Now, having said that, I asked my friend what he thought of things - here's what he said:
..TS.
For reading, I've been reading J. M. Barrie's Peter Pan to the kids for bedtime reading. It's free via the iBook store, and it's a cool un-adapted-for-new-audiences story. For PopCap I'm stuck on Plants vs. Zombies, a delightfully maddening title which can be a source of wasted hours...or a rapid training ground for young minds eager to unknowingly learn the military arts of asset allocation, supply logistics and battlefield strategy (that's how I explain it to the boy's Mom... ;-). And finally, hiking, well heck, its Summer!
Personally, with the markets, I'm finally in a holding pattern. No buying, no selling...and it's about time too. I've been way too "day trader" (though, not really), and not enough Berkshire Hathaway buy-and-hold. All my options have months before expiration (hopefully that's good), and stocks are locked down to the bare essentials: FB -- I bought in a 43, but kept buying down, so that I'm about even now -- and CROX, which I've considered a long-term holding in a fairly sound globally-based retail gamble.
Now, having said that, I asked my friend what he thought of things - here's what he said:
me: What's the hottest game in this market? new housing? or sitting on one's hands? :-)What do you think - are American dividend plays where all the actions at, or housing (as new home sales were up a bit for May), or AAPL (not RIMM), or nothing at all, sitting on your hands? Leave a comment, let us know.
he: companies that are mainly in u.s. markets that provide dividends.
me: may I quote you on that for this hot little finance blog I'm helping with? (I won't use names...)
he: sure
he: what's the link?
me: you may have heard of it: http://swansandcrows.blogspot.com
he: hmm
he: i've heard about them somewhere.....
..TS.
