Guess what? That heavy thump you heard from stockmarkets around the world, especially in the US with the 9% fall in the Standard & Poor’s 500 index on Wednesday, was the sound of the last rose coloured glasses falling from the noses of investors, commentators and investment analysts who have finally accepted that the globe is heaving into a recession, led by the tottering US, UK and European economies. After falling Wednesday, European markets again fell heavily Thursday, but the selling wav

Ed Seykota has said that we all get out of the markets what we want. What does he mean by this? Some people want excitement but hopefully you want to succeed and compound your money. This is what I want to continue to do. If you are a serious and want to compound your money, is it to hard to imagine that you are capable of obtaining a return on your money that exceeds the riskless yield of treasury bills. You have a choice…you can learn to trade…or if you do not have the time or ability to tra