Author: William Gibson

SPX – 1095.63 DJIA – 10,344 December 1, 2009 “The principals of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes they have made in the past.” -Edwin Lefevre...

SPX – 1106.24 DJIA – 10,450 November 24, 2009 “What a good country or good squirrel should be doing is stashing away nuts for the winter. The United States is not only not saving nuts, it’s eating the ones left over from last...

SPX – 1109.30 DJIA – 10,406 November 17, 2009 “All the perplexities, confusion and distresses in America arise not from defects in the Constitution or confederation, nor from want of honor or virtue, as much from downright...

SPX – 1093.08 DJIA – 10,226 November 10, 2009 “I have never been a gold bug. It is just an asset, that like everything else has its time and place. And now is that time.” -Paul Tudor Jones To Err is Human, to Hedge Divine Short...

SPX – 1042.88 DJIA – 9789 “The time for good choices was ten years ago. Now we face the prospect of painful decisions, no matter what we do. It is not a matter of pain or no pain, of somehow avoiding the consequences of our bad...

SPX – 1066.94 DJIA – 9867 October 27, 2009 “One of the favorite games on Wall Street is the big, dramatic call. Predictions that the trend is about to change garner lots of attention and allow market pundits to pontificate over...

SPX – 1097.91 DJIA – 10,092 October 20, 2009 “It’s the little details that are vital. Little things make the big things happen.” -John Wooden Technical Dichotomy Trend indicators remain positive. Price momentum and robust...

SPX: 1076.18 DJIA: 9885 October 13, 2009 “October. This is one of the particularly dangerous month to speculate in stocks. Others are November, December, January, February, March, April, May, June, July, August and September.”...

William Gibson, CFA (415)515-8074 3450 Sacramento Street #337 wtgcfa@yahoo.com San Francisco, CA 94118 October 6, 2009 (SPX – 1040.46) (DJIA – 9599) BUSINESS-STOCK MARKET DISCONNECT Wall Street started a new month and quarter...