{"id":32011,"date":"2015-09-04T10:55:53","date_gmt":"2015-09-04T14:55:53","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=32011"},"modified":"2015-09-04T10:55:53","modified_gmt":"2015-09-04T14:55:53","slug":"red-ink","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=32011","title":{"rendered":"Red Ink"},"content":{"rendered":"

it’s a sea of red ink. Another 1% drop. Jobs came in lower than expected.<\/p>\n

An unnamed quant predicted we’re halfway to the bottom.<\/p>\n

Since we can’t predict where this might end, the best “strategy” remains to let your Stop Loss Rule<\/strong> prevail: Sell those stocks that are plummeting the worst — especially specs and ones without the protection of high yields.<\/p>\n

Some people see the markets as “buying opportunities,” though they’ve been disappointed, so far.<\/p>\n

There are high-yielding stocks that are seriously enticing. Like BX, T, VZ, NLY and STWD.<\/p>\n

It takes real guts to buy into today’s “blood in the streets” markets. Especially a market where gold is also tumbling. That’s backwards. Gold is meant to climb when stocks fall! Not now.<\/p>\n

These thoughts are an awful way to begin a long weekend.<\/p>\n

Better is to focus on things you can control — like your own business, your own job, taking care of the family, fixing things around the house and playing tennis.<\/p>\n

And watch the US Open on ESPN, ESPN2 and late at night, The Tennis Channel.<\/p>\n

I’ll see you on Tuesday. By then, I’ll be back in New York.<\/p>\n

\u00a0\"HarryNewton\"<\/a><\/p>\n

Harry Newton. There are lots of reasons this one has fallen so inexorably this year. But it is depressing when an icon like Berkshire Hathaway (which doesn’t pay a dividend) loses its icon status. Yuch!<\/p>\n

\"BRKAThisYearAgan\"<\/a><\/p>\n