{"id":594,"date":"2008-03-29T00:44:57","date_gmt":"2008-03-29T05:44:57","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/2008\/03\/29\/marketmash-march-29-2008\/"},"modified":"2016-09-20T03:18:23","modified_gmt":"2016-09-20T07:18:23","slug":"marketmash-march-29-2008","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2008\/03\/29\/marketmash-march-29-2008\/","title":{"rendered":"MarketMASH &#8211; March 29, 2008"},"content":{"rendered":"<p>Brett Steenbarger of <a href=\"http:\/\/traderfeed.blogspot.com\/2008\/03\/denial-as-trading-motivation.html\" target=\"_blank\" title=\"Traderfeed\">Traderfeed<\/a> comments on one of the biggest problems for traders: Denial.<em> &#8220;One particularly uncomfortable truth for traders is that their lack of profits is simply due to trading randomness. It&#8217;s not a lack of discipline, a lack of trade planning, or a lack of tweaking the right indicators that create losses&#8211;all of those are relatively easy to address. No, losses are caused by trading strategies that simply do not work, and that&#8217;s not so easily remedied.&#8221;<\/em><\/p>\n<p><a href=\"http:\/\/www.thestockmasters.com\/sbux-032108.html\" target=\"_blank\" title=\"Stockmasters\">Stockmasters<\/a> on Starbucks (SBUX) and their new idea to transform the company into a profitable company with global dominance. Wait&#8230;uhhmmmmm&#8230;..is that de ja vu all over again?<\/p>\n<p>My friend Brian, the video charting ace is <a href=\"http:\/\/alphatrends.blogspot.com\/2008\/03\/not-impressed.html\" target=\"_blank\" title=\"AlphaTrends\">underimpressed<\/a> with Discover Financial (DFS). Take a look at the chart and you also may say&#8230;.eeegaddds too!<\/p>\n<p>Apple iPhone 3G anyone? <a href=\"http:\/\/arstechnica.com\/journals\/apple.ars\/2008\/03\/28\/yet-more-3g-iphone-rumors-swell-though-gartner-changes-tune\" target=\"_blank\" title=\"Apple iPhone 3G\">Reports and rumors<\/a> are circulating around that the plan is set. OMG! What I would do for 3G! I need 3G! I have to have 3G! :-)<\/p>\n<p>One another note&#8230; Have you ever listened to <a href=\"http:\/\/somafm.com\/play\/indiepop\" target=\"_blank\" title=\"Indie Pop Rocks\">Indie Rock<\/a>? I just can&#8217;t get enough of it. You really need to check it out. Relaxing and invigorating at the same time. (<a href=\"http:\/\/somafm.com\/play\/indiepop\" target=\"_blank\" title=\"Indie Pop Rocks iTunes\">listen in iTunes<\/a>) &#8211; Tell me if you like it&#8230;<\/p>\n<p>As I was researching Capital One Financial (COF) this week, I came across a great site that tracks insider trading &#8211; <a href=\"http:\/\/www.insidercow.com\/insidercow.jsp;jsessionid=15AD4BF84A375E77664F6AE2678CC1B6\" target=\"_blank\" title=\"InsiderCow\">InsiderCow.com<\/a> &#8211;  Find out who is <em>milking<\/em> the company and which stocks are <em>moooo-ving<\/em> because of it. Nice work fellas!<\/p>\n<p>Herb Greenberg is calling out Cramer on his <a href=\"http:\/\/blogs.marketwatch.com\/greenberg\/2008\/03\/memo-to-cramer-about-bear-raids\/?mod=MWBlog\" target=\"_blank\" title=\"Greenberg on Uptick rule\">uptick rule discussion<\/a> and it is causing a comment frenzy. To be sure, the uptick rule is a joke. Short sellers are part of the market, not the problem. You got to love the ignorance when it comes to shorting stocks.<\/p>\n<p>Mike Arrington, editor of the popular TechCrunch wrote an interesting article about his bulging email inbox. (<em>To put this in perspective; I hear that it is so massive that Silicon Alley girls sometimes swoon when they see it.)<\/em> There was a story within the article that discussed a recent conversation he and I had. Somehow he omitted my name and forgot to provide a link back to my site. But, the good news is that he agreed to be a guest on the Podcast&#8230;.The bad news is that he wrote me 10 minutes later and canceled when he found out that I would not allow &#8220;foul language&#8221; on the show. Mike, I hope you reconsider. I am sure you will be @^#%$ awesome. Link to his post <em>HERE<\/em>.<\/p>\n<p>In what is probably going to shape up to be the scariest stories of next week, UBS has come out with a <a href=\"http:\/\/biz.yahoo.com\/ap\/080328\/ubs_auction_rate.html?.v=1&amp;printer=1\" target=\"_blank\" title=\"Auction rate writedowns\">statement on their new policy<\/a> for auction-rate securities. You know, those were the ones that were sold as money market alternatives for investors looking for a safe place to park money while earning an above average yield. Now, as liquidity is non-existent, they will mark-to-market, reducing principal value 5%-20%. That is really going to piss-off a whole lot of investors!<\/p>\n<p>Thanks to <a href=\"http:\/\/www.analyticalwealth.com\/\" target=\"_blank\" title=\"Begging for Euros\">Analytical Wealth<\/a> for this funny&#8230;.<\/p>\n<div style=\"text-align: center\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2008\/03\/euro_beggar-1.gif\" alt=\"Euro Preferred\" \/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brett Steenbarger of Traderfeed comments on one of the biggest problems for traders: Denial. &#8220;One particularly uncomfortable truth for traders is that their lack of profits is simply due to trading randomness. It&#8217;s not a lack of discipline, a lack of trade planning, or a lack of tweaking the right indicators that create losses&#8211;all of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[186],"tags":[481,491,490],"class_list":["post-594","post","type-post","status-publish","format-standard","hentry","category-marketmash","tag-economy","tag-marketmash","tag-stocks","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=594"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/594\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}