Ok, back at it. House is going ok, son getting married, daughter loves her job, son going off to be an air liaison officer with the army (not real thrilled with that but he does what he wants) so grabbed a few minutes and back on the air.
First thought--to succeed you got to think in this world. Most people don't. A French, yes French, philosopher said "Those who feel, think life is a tragedy. Those who think, feel that life is a comedy." Or something like that. To be successful you have to think and think hard. One guy that does is Forbes columnist Ken Fisher. If you can't afford Forbes you can find him and his staff at MarketMinder.com.
Here is one column that requires you to think, not feel. I'm probably breaking some copyright law but, hey--
- The third year of a US president’s term is usually very positive for stocks
- So far, 2007 has been a classic presidential third year with no major legislation passing into law
- With the 2008 election race revving up, congress is likely to accomplish even less in the next sixteen months
The third year of a US president’s term is simply stellar for stocks historically. Doesn’t matter who the president is, or what his agenda was—it’s great for just about all of ‘em. A president’s third year has historically been good for stocks because his party has typically lost seats in the midterm elections, leaving the country closer to legislative lock-up. A Congress split down the middle (or close to it) specializes in posturing and pontificating. But that’s about it. Stocks love when there’s little to note legislatively, preferring the status quo to government intervention in free enterprise.
- A Presidential Popularity Contest, 7/25/2007
- A Political Punch, 5/31/2007
- Hot Fuzz, 5/17/2007
Think about it. Bill