Saturday, April 4, 2026

August 26, 2008

Oil

In my previous post, I discussed being bullish on oil. Looking at the weekly chart, I’d use the recent low as a stop.

Timeline

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Click to Enlarge

Thoughts From My Coastal Office

I Wanna Rock with You

I Wanna Rock with You

“Throughout all my years of investing I’ve found that the big money was never made in the buying or the selling. The big money was made in the waiting.”

-Jesse Livermore

August 3, 2008

Tribute to Andy Warhol

Wednesday, August 6th, is Andy Warhol’s 80th birthday.

Click to Enlarge

Click to Enlarge

Andy saw between the edges.  When you see between the edges you find tiny splices of uncertainty.  It is within these splices that opportunity, volatility, beauty, nervousness, victory, euphoria and many other things exist.  Andy found these splices and magnified them for us.  He understood and embraced leverage.  Happy 80th Andy.