Tuesday, February 22, 2011

Libya: Why the oil market is nervous

Libya: Why the oil market is nervous

Man this new unrest in Lybia will propel the oil prices around the world to the new high. Expect gas prices to rise in the near future in all the markets. Good thing that I bought some solar stocks in the retirement account. Hopefully the investment and trading account can balance from there.

I am still losing with my KB homes stock holding. So we will have to see.

Sunday, February 20, 2011

Nasdaq nears 10-year high; should you be nervous?

Nasdaq nears 10-year high; should you be nervous?

I think yes we should be alarmed about the stock market, however I think there is still plenty of room for stock to grow. It will be another 2~3 years of long bull stock market before the world wide stock panic happens. People who got in stock last year has made alot of money. People who get in stocks now will still make some money.

People who get into stocks at the end will be left holding the bag losing alot of money. It is good when people are doubting about investing. You should only be really worried when everyone is tauting that stock market can make everyone rich and lots of money.

I am staying another week in Taiwan, so I probably will not do any trade during these times. My grandma passed away last Friday. Funeral will be in another week. The ceremony will be buddhist type. So lots of praying and standing~ So sad about my grandma. Maybe I should have visited after I became American citizen...I have not been to the US for the past 12 years until now ><