blackbody

Last Thursday Was the Bottom - It's Time to Get Back in

You say;

"In short, it's time to get back in. I am buying good companies that have been unfairly beaten down ... companies like shallow-water driller Hercules Offshore (HERO), dry bulk shipper Dryships (DRYS), and solid financials like Bank of America (BAC)"

which sounds like you do not yet have them but will buy since you think market have bottomed.

But the disclosure says;
"Disclosure: Author holds long positions in BAC, C, HERO and DRYS"

Which tells me you already bought these shares. So you are here to pump shares you already own. Will you be here telling people to sell before you sell? Or are you just a stock pimp?

Options Trader: Temptation Tuesday

Here's an idea that will work in lieu of Paulson's stupidity;

globaleconomicanalysis.../

Paulson's bailout plan proposes to throw away $700B to bail out bankers and wall-street cronies while creating bigger mis-trust between banks by eliminating mark-to-market-account... and reducing capital reserve ratio to 0. Paulson and Bernanke should be fired immediately for proposing the bail-out plan then trying to ram it down the throat of US public with fear of economic melt down.

Options Trader: Thursday Outlook

I would be very worried when OIL price starts to drop. It may give the market a short term boost but ensuing demand destruction of DOLLAR will be ten times worse for US economy than $140 OIL.