blackbody

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.

Value Investors, Remember Margin of Safety

... so, if I want to short FRE, I can short LM instead?

California Signaling A Housing Bottom? [Housing Tracker]

Greed is a powerful motivator. I suspect at some point in near future the housing will appear to have caught the bottom. People purchasing foreclosures then flipping it for profit will lure other fools into the game, and soon bidding war will break out, giving appearance of support to housing prices. I suspect that little bounce will not last for long.

Options Trader: Which Way Wednesday, Fed Edition

The beauty of commodity bubble is that it keeps core-inflation figure low while forcing consumption high. You gotta hand it to Bernanke; the Princeton guys sure know how to work the numbers!