TOPIC: The Economy

lol Ya but I want it before it hits!!!  lol

It's not too late to get in!

But my timing was uncanny...

Jay, what software do you use? I've started using etrade a few weeks ago and their online site is ok, but leaves a lot to be desired.

I've bee thinking of trying etrade or some other online stock co.  I was with Edward Jones and I didn't have one good experience with them.  Not to mention I probably knew more about the stock market than they did.  Only thing they could do that I couldn't was keep up with day to day activity.

Wizetrade, but...

I studied economics and still read extensively and I do my own research of such things as leading and lagging indicators.  I'm not as ga-ga of all the indicators the media focuses on...  for instance, I think that employment and paper taken together is a strong leading indicator (you won't hear that one on CNBC).  If employment is 95% and office paper, for example, is being sold in increasing quantities, there is no recession on the horizon because business is being conducted.  Lots of paper means trucking is active, printing companies are busy, etc.  This has continued as businesses have gone increasingly "paperless."  So I have followed it.  That's Markanich Doctrine, not anything I have learned in classes.  I'm a real rebel, but a thinking rebel...

Economics is the study systems, and particularly of the entire system in a free market.  That's why diverting resources into something like ethanol causes price increases in pizzas and bottled water. People generally don't make those connections and don't understand it.  Dislocations follow which cause seemingly unrelated problems - but they are NOT unrelated.

To determine when to buy and sell I use Wizetrade nearly every day.  It is a predictive software using many algorithms to predict buying and selling pressure in the short, medium and long runs. Demand, or the lack of it, is a huge stock movement indicator.  E-trade looks at business info, which is okay, but not always what drives a move.  Business info can't be ignored, but trends are really relevant, and there are many, many factors that go into trends (not fads).  That's where Wizetrade comes in, and its algorithms.  I have used the software for 6 or 7 years.  It wasn't cheap, and my wife made me promise we would make our money back in the first year.  While I told her I couldn't do that, I felt good about what it was doing.  We made our money back in 2 months...

I have a Series 6 and 7 license and have been trading stocks (for myself) for 22 years, so there is familiarity with the process and market research.  But I think buying demand, not market fads or accounting "stuff," like acid ratios and so forth, is more of a predictor of stock movement.

Some stocks I buy to take advantage of a swift move, but for the most part I invest.  The Berkshire Hathaway model is a good one to study.  And I got into that stock a long time ago.  The BRKB series is still affordable, about $3400 per share, though I haven't checked recently.  You might not be able to afford the A series.  But what happens in the A series is good for the B series as the people who have big money are smart and take advantage of the things that will pressure moves in both series.

So, any more questions lemmino!

Damn you so smart... I gota go finish up my finance degree.