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James Sogi

Philosopher, Juris Doctor, surfer, trader, investor, musician, black belt, sailor, semi-centenarian. He lives on the mountain in Kona, Hawaii, with his family.

9/29/2005
"When a Girl Goes Bad--Men Go Right After Her", by James Sogi

Like Mae West, the Mistress of the Market is good when she's bad. Take this year, the market is only up 5 points, less than 1/2 percent. To beat the market would only take making 5 points all year. A saving account or a CD outperforms the market. Buy and hold with dividends beats the market. Risk free bonds beat the market. When things seem ominous, people panicking, hurricanes, earthquakes, tsunamis, government screw ups, budget busting boondoggles, congressmen getting indicted, war, interest rates rising, oil up, the market starts doing some weird gyrations, like today, and yesterday, and last week, and last month, and in July -- panic du jour. The fluctuations of price allows some opportunity, and that is good. Yet prices are flat.

Is it not odd that all this happens when the year is flat, 1211-1216. The last five days closes virtually flat.

  • S+P Index

  • 9/22/2005 1214.62
  • 9/23/2005 1215.29
  • 9/26/2005 1215.63
  • 9/27/2005 1215.66
  • 9/28/2005 1216.89

  • 8/31/2005 1220.33
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    c

    Jim Sogi, May 2005

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