Oct
2008
The stock market fell another 369.88 points today. So what?
While I am sure people will greatly disagree with me, I believe that the stock market has become nothing more than a giant gambling scheme where everyone has forgotten the most basic principle. The stock market is a long term investment, and short term hiccups should be ignored.
While I understand there are those out there that need to move mass volumes of shares for funds and so on, for individual investors, you should always take the view that any stock is a long term situation. Occasional bumps in the road, no matter how long they may last, need to be viewed in the overall long term projections you set for yourself when you purchased the stock.
Am I some sort of economic and financial whiz? Heck no, but this is one mantra I have lived by for eons. Admittedly I have been out of the stock market for quite some time personally (I owned Wal-Mart for years until it seemed to go into an almost 2 year stall), and my parents got out some time back after some success, but the one rule we all lived by was, “Oh well, the market dipped, we aren’t in this for short term gains.”
This also brings up a point about the major indices that has always driven me mad: they are not the final say to the economic health of the nation. If it was, why did it not start falling long before the failures began to happen? Wouldn’t all these great “analysts” have seen it coming and inested more conservatively? No, they showed once again that the market is more controlled by emotions than by actual facts and analysis. The market is in freefall, but that does not mean the every day consumer is.
If anything, I would be more prone to buy right now than anything. I’m not, but if I had money to be gambling with (come on folks, it IS gambling, it’s just very fancy gambling), I would be eying a lot of different stocks right now. Yes, things are bad NOW, but this is mostly shake out of people that are just plain nervous. Give it a few weeks and every one will begin regaining their senses, and while the market won’t boom, it will stabilize and people will start focusing on the things in the country that need the real fixing.
In the meanwhile, please don’t go investing in comic books.


If it’s September 19th, then it must be
I debated all day if I wanted to say anything this year or just continue with my normal BS posts, but you obviously can tell what won out.
Episode of Scattercast is here folks… can you believe it’s been 2 months already?
You may not have known his name, and you may not recognize his face, but you certainly knew the voice.
There has been a lot of coverage in the media, especially in the UK, that the identity of well-known graffiti artist
His works, such as the
On my second, and last day in Seattle (my entire time here is 46 hours), and I had some random observations to make about the place.
- Did someone forget to inform me this city is made of gold? I am paying insane prices for EVERYTHING. Hotel room, food, cab fares… apparently this city has a bit too much money, and they take it out on their visitors. Even my hotel wants to charge $20 a day to park a guests car. I’m sorry, but that’s something that I think should always be free to guests. You want to entice them to stay, not punish them for using your establishment. I have heard this is happening more and more places, but it still seems pretty stupid to me.
George Carlin was never one to skirt controversy, but no one can ever deny he had a profound effect on comedy. Not many comedians could claim that one of their routines, 

You know, I was just thinking, “Hey, self, you know that border guards have way too much free time on their hands! They need something to do that will impossibly clog up people crossing the border into some countries in anything even remotely resembling a reasonable time!”