I have been painfully sick for the last month or so and not quite sure why. At 44, if it’s not a heart problem or cancer, you are relieved so after a few blood tests and x-rays over the last 60 days, I just gave it up to old age.
With the shortness of breadth and a nasty cough that had quickly developed the last two weeks, I finally just sat down at my doctor and said find out what it is and fix me. She is pretty sure it’s pneumonia and there are no shortcuts for me getting better. It does feel good to have an attack plan TO get better.
A few weeks ago I blogged about ‘SHMOmemtum’.
If you don’t have a plan when you own stocks, weak markets will punish you. They will slowly take all your money. I sense a lot of SHMOmentum investors are getting stuck right now. Retail is the culprit. I have been wary of retail for weeks on my ‘Momemtum Monday ‘ show and will take another look tomorrow.
Our markets are sick and quickly becoming pathetic.
The ‘Flash’ Chrash which was quickly dimissed into a dark corner of finanace has already had the lows broken. In essence, the ‘Flash’ Crash was possibly the ”Flash Foreshadow’ Crash.
Like I sat with my doctor and said fix me, we are at that stage right now for global markets. Printing money is an insult. Begging for spending makes me want to spend even less.
Without major policy changes, gold, volatility and bonds will dominate the headlines.
For entrepreneurs it means get the product done faster, find customers now, kiss some ass and manage the burn.
Do not wait for the panic calls.