bigcyranose
money and words are mediums of exchange
Money and Words
Links to other Sunset sites
Wednesday, 25 March 2026
When you own you are a seller
Wednesday, 1 June 2022
If one is up the other is down
Cruelest tax of all...
If prices of real estate rise, what does that mean for the price of the dollar? At one time the price of a tank full of gasoline was two dollars. Now it is fifty dollars. A gallon is still a gallon, but a dollar is not still a dollar. What is called taxes for the rich are passed along to the end of the line. There they call it inflation. But hi dee hi ho, it is not called a tax.
Wednesday, 13 October 2021
Last words by Danny....
Summing Up: Expected to be the last entry for the bigcyranose, at least for awhile...by the late Danny Silkglass, from long ago and far down the road
"I don't buy stories, I buy shares. Instead I follow the buy/sell money decisions painted on the charts. For all sellers there must be a buyer. Also, I follow Uncle Joe Granville's on- balance-volume, and the closing stock price oscillators, all seen in candlestick patterns.
Simple point and figure charts are also very good because they easily highlight price changes. Here again, I follow the trend since prices linger in the trend longer than they do in the change of the trend.
Finally, I manage my cash strategy to suit my personal risk reward goals in not more than five positions selected from blue chips in the Dow Jones, or those with favorable dividend histories.
If I Bought, then I am a Seller
Buy uptrends. Be wary of carefully selected growth stocks by someone else and absolutely avoid bottom fishing. Be a buyer, remember stocks should be bought by you, not sold to you."
Thursday, 30 September 2021
True to form
Records show September consistently the most dangerous month for the upside. That it is over is the only tasty little crumb under the table, from my view.
Friday, 10 September 2021
Testy trading temperature
Market seems to be in some sort of skittish distribution. That is, stock is changing hands, but neither buyers or sellers are getting the upper hand right now.
I sympathize with the buyers since I am no longer a growth position player, but there is a good case for the sellers as well. This scenario comes about because markets generally look six months out, or an equivalent. Optimism in the face of uncertainty is hard but over the long run optimism has won out.
Tuesday, 24 August 2021
No one wins
There cannot be a seller unless there is a buyer. The markets are protected by the unwritten rule saying that no one can corner the market because the game must go on. If there is a winner, he will be taken out by any rule required, new or old, to keep the game operating. Jesse Livermore cornered the coffee market and the Hunts cornered the silver market, so they both lost by one rule or the other. That's my story.
Friday, 28 May 2021
Bedrock of Optimism
Risk and Reward Hope Ratios
It is generally accepted in all quarters that optimism is the one best underlying quality leading to successful strategies when competing with hope and risk in the markets.

