SAY Price: 23.9875
Decision:BUY
Summary Version 8.3
Date: 2008-01-12 Time: 21:11
SAY: BUY
CY: WAIT
This information does not constitute
financial advice of any kind.
Have a nice day!
Daily musings on the Stock Market, Artifical Intelligence, and the latest in Algorithmic Trading
SAY Price: 23.9875
Decision:BUY
Summary Version 8.3
Date: 2008-01-12 Time: 21:11
SAY: BUY
CY: WAIT
This information does not constitute
financial advice of any kind.
Have a nice day!
SAY Price: 24.89
Decision:BUY
Summary Version 8.3
Date: 2008-01-09 Time: 03:00
SAY: BUY
CY: WAIT
This information does not constitute
financial advice of any kind.
Have a nice day!

SAY Price: 24.3075
Decision:BUY
Summary Version 8.3
Date: 2008-01-08 Time: 03:00
SAY: BUY
CY: WAIT
This information does not constitute
financial advice of any kind.
Have a nice day!
There are rumors that the Fed are considering once again lowering interest rates in order to shore up the economy. These rumors are probably knee-jerk reactions by the market hoping that by hoping it will come true.
This will mean fresh highs in Oil and gold as the U.S. Dollar declines in value. This is exactly what happens when the Fed devalues the U.S. Dollar. If a company decides to issue more stock, they are able to raise more money by selling their diluted shares near or at the value of the pre-diluted share price, because the investors are not usually aware of the dilution until the next quaterly report.
Enter the Fed, who has done this before. Other nations like China and Japan have taken the brunt of the dilution by buying U.S. Bonds. This is not going to happen again, as each respective country has already indicated they are "stuffed to the gills" with U.S. Bonds.
This is not going to work again. Maybe wait 20 years when everyone is gullible again.
Also, given that 8% of the U.S. Population lives in CA, and given that most of CA's houses are double or triple that of the nation, you can expect that roughly a third of the mortgages in dollar value were made in CA. Given that the jumbo loan rate is still at 8% or higher for prime customers due to the subprime meltdown, don't expect that the primary domestic stimulus will restart with any drop in Interest Rates. Recession is here to stay.
More later
Summary Version 8.3
Date: 2008-01-07 Time: 03:00
SAY: WAIT
CY: WAIT
This information does not constitute
financial advice of any kind.
Have a nice day!
The second father and son essay entitled "Asset Allocation" has been published.!!! It can be found at http://www.wcoretech.com/ under the heading Father and Son.
One of the highlights is the publication of a cash flow calculator that helps to show you how your current spending choices affect your future financial situation 5 years down the line. That calculator can be found in the "Resources" section of the site.
More later. Happy New Year!