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The Four Questions


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This is a very good day to ask yourself the following questions:

 

What things have I done right in the market recently?

 

What things have I done wrong in the market recently?

 

What is today's action teaching me about the market?

 

What is today's action teaching me about myself?

 

Honest answers to these questions can provide that knowledge which is most important in this game-in-common we all play - namely those personal weaknesses that offer you an endless stream of truly fabulous opportunities to commit self-sabotage.

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Takachi @ 12:39 p.m.:

Big!

 

Buffett: Reinsurer Stops Paying Claims

 

http://www.reuters.com/newsArticle.jhtml;j...storyID=2355277

 

 

speculation is german reinsurer, but I wonder if it could be GE  

 

This sounds like a classic instance where the central bankers are supposed to step in and "discount bills freely" with oceans of liquidity.

 

If true, we should see coordinated rate cuts in U.S. and Europe ... a united front by panicked central bankers.

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Gladiator,

 

A good exercise.....my short answers

 

1) I have many things right, but rarely maker money on being right.

 

2)I have been frequently wrong, and lose money when I am.

3) Today teaches me that just when you think you can fade extremes, it dont work.

4) It teaches me that Im always about 1 step behind the curve, and I need a new job!!!!!

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